The prices in real estate in Kingston, in the Australian Capital Territory 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 Kingston has fallen in the last 6 months. In October, the average price per m² was $1,368. In November this price pretty much remained the same at a value of $1,340 per m². The price for the following two months in (December, January) decreased 94 % with regard to the prior two months. The price per m² has decreased 88 % 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 $1,314 to $1,150 during February, and March.
Based upon to the price in Kingston (suburbs), this has gone downing the last 6 months. In our first sample month during October, the average price is $698,076. In November This price remains at $693,589. During the following two months (December, January) the average price fell 90 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $661,312 and $631,497.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $635,013 they are 20 % more affordable than the average price for Kingston. Based on the bedrooms values, properties with the highest prices are those with 3 bedrooms. They are 50 % more expensive 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 $1,082 / m², with an average $1,139 / m² price in Kingston. Properties with the most expensive price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 44 % more costly than the average value aforementioned.