The prices in real estate in Kellyville, in the New South Wales region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per m² in Kellyville has fallen in the last 6 months. In October, the average price per m² was $374. In November this price pretty much remained the same at a value of $372 per m². The price for the following two months in (December, January) had a considerable increment of 126 %. The price per m² has had a considerable deflation of 38 % 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 $421.5 to $159 during February, and March.
Based upon to the price in Kellyville (suburbs), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $263,382. In November This price remains at $261,757. During the following two months (December, January) the average price fell 93 % 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 $253,917.25 to $98,823, which means a 39 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $197,646 they are 31 % more affordable than the average price for Kellyville. The properties with the highest average price have 3 bedrooms, Their price is 39 % more costly than the average. After that we have properties with 4 bedrooms priced at $236,139.
With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of $203 / m², with an average $318 / m² price in Kellyville. The properties with the highest average prices have 1 bedroom. They are 97 % more expensive than the average followed by properties with 3 bedrooms with a price at $308 / m².
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $197,646 it is 35 % cheaper than the average price in Kellyville. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $127,716 it is 151 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "Condo" at an average cost of $227 / m² followed by "House" priced at $393 / m². "House" is the most costly type of property with a $393 / m² cost followed by "Condo" with an average price of $227 / m².