Property prices for sale in Hughes (Northern Territory)

The price per m² in Hughes has had a strong decrease during the last 6 months. In October, the average price per m² was $1,203. In November this price pretty much remained the same at a value of $1,197 per m². The price for the following two months in (December, January) had a considerable decrease of 67 with regard to the prior two months. The price per m² has had a considerable deflation of 76 % 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 $999.75 to $763.5 during February, and March.

Based upon to the price in Hughes (suburbs), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $1,133,636. In November This price remains at $1,147,500. During the following two months (December, January) the average price had a considerable reduction of 62 % 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 $922,884 to $475,670, which means a 52 % fall.

The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 38 % cheaper than the average price of $326,000 in Hughes. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 38 % more affordable than the average aforementioned.

With regard to the average prices per m² those properties with 1 bedroom are 28 % more costly than the average price of ($1,012 / m²) in Hughes. Properties with the most expensive price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 28 % more costly than the average value aforementioned.