The prices in real estate in Ingleburn, 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 Ingleburn has increased strongly during the last 6 months. In October, the average price per m² was $218. In the following month the price per m² increased to $250. The price for the following two months in (December, January) had a considerable increment of 300 %. The price per m² has had a considerable increase of 148 % 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 $467.5 to $691.5 during February, and March.
Based upon to the price in Ingleburn (suburbs), this has gone up considerably in the last 6 months. The price in October is $245,833, rising in November till $273,560. During the following two months (December, January) the average price had a considerable increase of 281 % 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 165 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $855,375 they are 99 % more affordable than the average price for Ingleburn. The properties with the lowest average price have 3 bedrooms, Their price is 56 % cheaper than the average. After that we have properties with 4 bedrooms priced at $306,884.
With regard to the average price per m² , those properties with 1 bedroom are the cheapest ones at a cost of $34 / m², with an average $702 / m² price in Ingleburn. The properties with the lowest average prices have 3 bedrooms. They are 36 % cheaper than the average followed by properties with 2 bedrooms with a price at $316 / m².
With regard to the average price based upon the property in Ingleburn we can see that the cheapest property type is "House" at a price of $262,972, they are 69 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 69 % 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 $222 / m². "House" with an average cost of $222 / m² has the lowest price and would be directed at less affluent cities.