Property prices for sale in Narrabundah (Australian Capital Territory)
The prices in real estate in Narrabundah, 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 Narrabundah has fallen in the last 6 months. In November, the average price per m² was $795. In the following month the price per m² decreased to $734. The price for the following two months in (January, February) had a considerable decrease of 81 with regard to the prior two months. The price per m² has increased 114 % 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 $691.5 to $785 during March, and April.
Based upon to the price in Narrabundah (suburbs), this has fallen considerably in the last 6 months. The average price for November is $665,929. During December the price had a slight fall till $609,773. During the following two months (January, February) the average price had a considerable reduction of 72 % 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 112 % 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 $677,671 they are 37 % more affordable than the average price for Narrabundah. The properties with the highest average price have 4 bedrooms, Their price is 58 % more costly than the average. After that we have properties with 3 bedrooms priced at $521,261.
With regard to the average price per m² , those properties with 3 bedrooms are the cheapest ones at a cost of $591 / m², with an average $802 / m² price in Narrabundah. The properties with the highest average prices have 1 bedroom. They are 41 % more expensive than the average followed by properties with 4 bedrooms with a price at $904 / m².
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $677,671 it is 12 % cheaper than the average price in Narrabundah. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $599,551 it is 1 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "House" at an average cost of $629 / m² followed by "Condo" priced at $904 / m². "Condo" is the most costly type of property with a $904 / m² cost followed by "House" with an average price of $629 / m².
