The prices in real estate in Gordon, in the New South Wales region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per m² in Gordon has increased strongly during the last 6 months. In October, the average price per m² was $512. In the following month the price per m² decreased considerably to $323. The price for the following two months in (December, January) had a considerable increment of 298 %. The price per m² has had a considerable deflation of 20 % 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 $830.75 to $165 during February, and March.
Based upon to the price in Gordon (suburbs), these have remained the same in the last 6 months. The average price for October is $532,083. During November the price had a considerable reduction till $243,500. During the following two months (December, January) the average price had a considerable increase of 292 % 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 $760,302 to $104,339, which means a 14 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 90 % cheaper than the average price of $9,990 in Gordon. Based on the bedrooms values, properties with the highest prices are those with 2 bedrooms. They are 72 % more expensive than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 82 % cheaper than the average price of ($29 / m²) in Gordon. Properties with the most expensive price based upon to the number of bedrooms / m² are those with 2 bedrooms. They are 64 % more costly than the average value aforementioned.