Property prices for sale in Mudgee (New South Wales)
The prices in real estate in Mudgee, in the New South Wales region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per m² in Mudgee has increased strongly during the last 6 months. In October, the average price per m² was $557. In November this price pretty much remained the same at a value of $559 per m². The price for the following two months in (December, January) decreased 95 % with regard to the prior two months. The price per m² has had a considerable increase of 202 % 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 $543.5 to $1,096.5 during February, and March.
Based upon to the price in Mudgee (suburbs), this has gone up in the last 6 months. The price in October is $586,991, rising in November till $621,041. During the following two months (December, January) the average price fell 90 % 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 risen strongly 133 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $581,995 they are 35 % more affordable than the average price for Mudgee. The properties with the highest average price have 4 bedrooms, Their price is 24 % more costly than the average. After that we have properties with 3 bedrooms priced at $568,100.
With regard to the average price per m² , those properties with 4 bedrooms are the most costly ones at a cost of $646 / m², with an average $557 / m² price in Mudgee. The properties with the highest average prices have 1 bedroom. They are 204 % more expensive than the average followed by properties with 2 bedrooms with a price at $764 / m².
The graph displaying the average prices displays the property type "Acreage" as the most affordable one. At an cost of $581,995 it is 79 % cheaper than the average price in Mudgee. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Acreage". At a price of $122,961 it is 5 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "Acreage" at an average cost of $17 / m² followed by "House" priced at $550 / m². "House" is the cheapest type of property with a $550 / m² value followed by "Acreage" with an average price of $17 / m².
