The prices in real estate in Kingscliff, 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.
The price per m² in Kingscliff has had a strong decrease during the last 6 months. In October, the average price per m² was $1,282. In the following month the price per m² decreased considerably to $743. The price for the following two months in (December, January) had a considerable decrease of 64 with regard to the prior two months. The price per m² has barely changed in the last two months compared to the average price of the previous four months going from an average price of $829.25 to $805.5 during February y March
Based upon to the price in Kingscliff (suburbs), this has gone downing the last 6 months. The average price for October is $695,810. During November the price had a considerable reduction till $443,499. In the following two months the average price has remained the same with regard to the previous two months from $569,654.5 to $587,693.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 116 % 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 $638,408 they are 81 % more affordable than the average price for Kingscliff. The properties with the highest average price have 4 bedrooms, Their price is 47 % more costly than the average. After that we have properties with 3 bedrooms priced at $462,487.
With regard to the average price per m² , those properties with 1 bedroom are the cheapest ones at a cost of $465 / m², with an average $824 / m² price in Kingscliff. The properties with the highest average prices have 2 bedrooms. They are 2 % more expensive than the average followed by properties with 4 bedrooms with a price at $603 / m².
With regard to the average price based upon the property in Kingscliff we can see that most expensive property type is "House" at a price of $780,946, they are 22 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 22 % more expensive than the average price aforementioned.
According to the average area cost by m² the cheapest property type is "House with an average price of $766 / m². "House" with an average cost of $766 / m² has the lowest price and would be directed at less affluent cities.