The prices in real estate in Epping, in the New South Wales region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per m² in Epping has remained the same in the last 6 months. In October, the average price per m² was $407. In November this price pretty much remained the same at a value of $414 per m². The price for the following two months in (December, January) had a considerable increment of 126 %. The price per m² has had a considerable deflation of 57 % 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 $463.5 to $266 during February, and March.
Based upon to the price in Epping (suburbs), these have remained the same in the last 6 months. In our first sample month during October, the average price is $209,500. In November This price remains at $208,157. During the following two months (December, January) the average price had a considerable increase of 131 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $240,928.5 to $158,819.5, which means a 66 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the most costly ones. At a price of $10,000 they are 1834 % more expensive than the average price for Epping. Following this ranking we find those properties with 1 at an average price of $202,105. Based on the bedrooms values, properties with the highest prices are those with 3 bedrooms. They are 3313 % more expensive than the average aforementioned.
With regard to the average price per m² , those properties with 2 bedrooms are the most costly ones at a cost of $372 / m², with an average $14 / m² price in Epping. Properties with the most expensive price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 4486 % more costly than the average value aforementioned.