Property prices for sale in Edgewater (Western Australia)
The prices in real estate in Edgewater, in the Western Australia region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per m² in Edgewater has increased during the last 6 months. In October, the average price per m² was $316. In November this price pretty much remained the same at a value of $316 per m². The price for the following two months in (December, January) had a considerable decrease of 47 with regard to the prior two months. The price per m² has had a considerable increase of 226 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per m² of $231.75 to $524 during February, and March.
Based upon to the price in Edgewater (suburbs), these have remained the same in the last 6 months. In our first sample month during October, the average price is $271,080. In November This price remains at $271,080. During the following two months (December, January) the average price had a considerable reduction of 45 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 195 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $270,808 they are 39 % more affordable than the average price for Edgewater. The properties with the highest average price have 4 bedrooms, Their price is 21 % more costly than the average. After that we have properties with 2 bedrooms priced at $302,536.
With regard to the average price per m² , those properties with 3 bedrooms are the cheapest ones at a cost of $200 / m², with an average $315 / m² price in Edgewater. The properties with the highest average prices have 1 bedroom. They are 143 % more expensive than the average followed by properties with 2 bedrooms with a price at $513 / m².
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $270,808 it is 32 % cheaper than the average price in Edgewater. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $185,295 it is 4 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "House" at an average cost of $274 / m² followed by "Condo" priced at $389 / m². "Condo" is the most costly type of property with a $389 / m² cost followed by "House" with an average price of $274 / m².
