Property prices for sale in Merrylands (New South Wales)

The price per m² in Merrylands has increased strongly during the last 6 months. In October, the average price per m² was $583. In November this price pretty much remained the same at a value of $568 per m². The price for the following two months in (December, January) had a considerable increment of 131 %. The price per m² has had a considerable increase of 147 % 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 $665.5 to $978.5 during February, and March.

Based upon to the price in Merrylands (suburbs), these have remained the same in the last 6 months. In our first sample month during October, the average price is $307,296. In November This price remains at $307,561. In the following two months the average price has remained the same with regard to the previous two months from $307,428.5 to $303,544.5. Based on an analysis of the first four prices and the last two months the average price has gone up 111 % 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 $305,901 they are 12 % more affordable than the average price for Merrylands. The properties with the highest average price have 4 bedrooms, Their price is 114 % more costly than the average. After that we have properties with 3 bedrooms priced at $391,940.

With regard to the average price per m² , those properties with 3 bedrooms are the cheapest ones at a cost of $440 / m², with an average $567 / m² price in Merrylands. The properties with the highest average prices have 1 bedroom. They are 52 % more expensive than the average followed by properties with 4 bedrooms with a price at $620 / m².