The prices in real estate in Lyneham, 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 Lyneham has fallen in the last 6 months. In October, the average price per m² was $1,161. In November this price pretty much remained the same at a value of $1,129 per m². The price for the following two months in (December, January) decreased 88 % with regard to the prior two months. The price per m² has decreased 92 % 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 $1,077.25 to $987.5 during February, and March.
Based upon to the price in Lyneham (suburbs), these have remained the same in the last 6 months. In our first sample month during October, the average price is $556,691. In November This price remains at $546,898. During the following two months (December, January) the average price fell 91 % 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 gone up 107 % 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 $584,052 they are 12 % more affordable than the average price for Lyneham. The properties with the highest average price have 4 bedrooms, Their price is 48 % more costly than the average. After that we have properties with 3 bedrooms priced at $736,750.
With regard to the average price per m² , those properties with 3 bedrooms are the cheapest ones at a cost of $808 / m², with an average $1,023 / m² price in Lyneham. The properties with the highest average prices have 1 bedroom. They are 174 % more expensive than the average followed by properties with 2 bedrooms with a price at $986 / m².
With regard to the average price based upon the property in Lyneham we can see that the cheapest property type is "Apartment" at a price of $568,272, they are 3 % more affordable than the average price of (!PRECIO2!). "Apartment" has the lowest price. This price is 3 % more affordable than the average price aforementioned.
According to the average area price by m² the most costly property type is "Apartment with an average price of $1,211 / m². "Apartment" at an average price of $1,211 / m² has the most expensive price and would be directed at more affluent cities.