The prices in real estate in Northbridge, in the New South Wales region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per m² in Northbridge has remained the same in the last 6 months. In October, the average price per m² was $1,201. In the following month the price per m² decreased considerably to $703. The price for the following two months in (December, January) had a considerable increment of 165 %. The price per m² has had a considerable deflation of 75 % 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 $1,261.5 to $948.5 during February, and March.
Based upon to the price in Northbridge (suburbs), these have remained the same in the last 6 months. The average price for October is $336,800. During November the price had a slight fall till $308,357. In the following two months the average price has remained the same with regard to the previous two months from $322,578.5 to $319,154. Based on an analysis of the first four prices and the last two months the average price has gone up 108 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 2 bedrooms. It is 38 % cheaper than the average price of $271,848 in Northbridge. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 17 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 2 bedrooms are 51 % cheaper than the average price of ($485 / m²) in Northbridge. Properties with the most expensive price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 15 % more costly than the average value aforementioned.