The prices in real estate in Homebush, 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 Homebush has remained the same in the last 6 months. In October, the average price per m² was $515. In November this price pretty much remained the same at a value of $514 per m². In the following two months the price per m² has increased 109 %, going from $514.5 to $558.5 per m². The price per m² has decreased 93 % 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 $536.5 to $499.5 during February, and March.
Based upon to the price in Homebush (suburbs), this has gone up in the last 6 months. In our first sample month during October, the average price is $279,438. In November This price remains at $277,563. During the following two months (December, January) the price has had an average incrementation from $278,500.5 to $299,785.5. Based on an analysis of the first four prices and the last two months the average price has gone up 114 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $413,222 they are 25 % more affordable than the average price for Homebush. Based on the bedrooms values, properties with the lowest prices are those with 3 bedrooms. They are 13 % more affordable than the average aforementioned.
With regard to the average price per m² , those properties with 3 bedrooms are the cheapest ones at a cost of $411 / m², with an average $559 / m² price in Homebush. Properties with the most expensive price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 73 % more costly than the average value aforementioned.