Property prices for sale in Forrest (Australian Capital Territory)

The price per m² in Forrest has fallen in the last 6 months. In October, the average price per m² was $1,050. In November this price pretty much remained the same at a value of $1,046 per m². In the following two months the price per m² has increased 106 %, going from $1,048 to $1,107 per m². The price per m² has had a considerable deflation of 71 % 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 $1,077.5 to $762.5 during February, and March.

Based upon to the price in Forrest (suburbs), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $927,958. In November This price remains at $918,308. During the following two months (December, January) the average price fell 95 % 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 $897,795.75 to $415,187.5, which means a 46 % 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 $401,375 they are 20 % more expensive than the average price for Forrest. Following this ranking we find those properties with 1 at an average price of $570,783. Based on the bedrooms values, properties with the highest prices are those with 3 bedrooms. They are 148 % 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 $894 / m², with an average $714 / m² price in Forrest. Properties with the most expensive price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 133 % more costly than the average value aforementioned.