Property prices for sale in Griffith (New South Wales)

The prices in real estate in Griffith, in the New South Wales region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.

$353,052.25
Average price last 6 months
$461.75
Price/m² last 6 months
Average price per m2

The price per m² in Griffith has had a strong decrease during the last 6 months. In August, the average price per m² was $598. In the following month the price per m² decreased considerably to $317. The price for the following two months in (October, November) had a considerable decrease of 0 with regard to the prior two months. The price per m² has had a considerable increase of 204 % 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 $228.75 to $466 during December, and January.

Average price

Based upon to the price in Griffith (suburbs), this has fallen considerably in the last 6 months. The average price for August is $321,929. During September the price had a considerable reduction till $243,724. During the following two months (October, November) the average price had a considerable reduction of 0 % 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 299 % during the last two months.

Average price per bedrooms

The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 5 % cheaper than the average price of $485,611 in Griffith. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 5 % more affordable than the average aforementioned.

With regard to the average prices per m² those properties with 1 bedroom are 72 % cheaper than the average price of ($160 / m²) in Griffith. Properties with the most affordable price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 72 % cheaper than the average value aforementioned.

Price per property type

With regard to the average price based upon the property in Griffith we can see that the cheapest property type is "House" at a price of $485,611, they are 5 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 5 % more affordable than the average price aforementioned.

According to the average area cost by m² the cheapest property type is "House with an average price of $160 / m². "House" with an average cost of $160 / m² has the lowest price and would be directed at less affluent cities.

Charts data
Average price January
Average price per m² January
Number of properties used in Griffith
Number of properties used in region New South Wales
$508,556
$562
56
41,790
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value