Property prices for sale in New Lambton Heights (New South Wales)
The prices in real estate in New Lambton Heights, in the New South Wales region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per m² in New Lambton Heights has increased during the last 6 months. In October, the average price per m² was $817. In the following month the price per m² decreased to $765. In the following two months the price per m² has increased 107 %, going from $791 to $846 per m². The price per m² has had a considerable increase of 127 % 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 $818.5 to $1,039 during February, and March.
Based upon to the price in New Lambton Heights (suburbs), this has gone up in the last 6 months. The average price for October is $637,025. During November the price had a slight fall till $597,663. In the following two months the average price has remained the same with regard to the previous two months from $617,344 to $609,487. Based on an analysis of the first four prices and the last two months the average price has risen strongly 128 % 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 $768,192 they are 57 % more affordable than the average price for New Lambton Heights. The properties with the highest average price have 4 bedrooms, Their price is 4 % more costly than the average. After that we have properties with 3 bedrooms priced at $688,467.
With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of $722 / m², with an average $937 / m² price in New Lambton Heights. The properties with the highest average prices have 1 bedroom. They are 12 % more expensive than the average followed by properties with 2 bedrooms with a price at $1,046 / m².
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $768,192 it is 36 % cheaper than the average price in New Lambton Heights. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $495,238 it is 11 % more affordable than the average price.
According to the average cost per m², the cheapest property type is "House" at an average cost of $718 / m² followed by "Apartment" priced at $920 / m². "Apartment" is the cheapest type of property with a $920 / m² value followed by "House" with an average price of $718 / m².
