Property prices for sale in Lakemba (New South Wales)

The price per m² in Lakemba has increased strongly during the last 6 months. In November, the average price per m² was $1,356. In December this price pretty much remained the same at a value of $1,369 per m². The price for the following two months in (January, February) had a considerable increment of 337 %. The price per m² has had a considerable increase of 116 % 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 $2,978.25 to $3,442.5 during March, and April.

Based upon to the price in Lakemba (suburbs), these have remained the same in the last 6 months. In our first sample month during November, the average price is $394,287. In December This price remains at $382,763. During the following two months (January, February) the price has had an average incrementation from $388,525 to $438,010.5. 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 $413,267.75 and $402,809.5 between March and April.

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $429,000 they are 42 % more affordable than the average price for Lakemba. Based on the bedrooms values, properties with the highest prices are those with 3 bedrooms. They are 3 % more expensive than the average aforementioned.

With regard to the average price per m² , those properties with 1 bedroom are the cheapest ones at a cost of $688 / m², with an average $5,562 / m² price in Lakemba. Properties with the most affordable price based upon to the number of bedrooms / m² are those with 3 bedrooms. They are 11 % cheaper than the average value aforementioned.