Property prices for sale in Rhodes (New South Wales)
The prices in real estate in Rhodes, in the New South Wales region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per m² in Rhodes has had a strong decrease during the last 6 months. In October, the average price per m² was $499. In November this price pretty much remained the same at a value of $499 per m². The price for the following two months in (December, January) had a considerable decrease of 67 with regard to the prior two months. The price per m² has barely changed in the last two months compared to the average price of the previous four months going from an average price of $416.5 to $420 during February y March
Based upon to the price in Rhodes (suburbs), this has gone downing the last 6 months. In our first sample month during October, the average price is $248,169. In November This price remains at $248,169. During the following two months (December, January) the average price had a considerable reduction of 77 % 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 109 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $355,571 they are 40 % more affordable than the average price for Rhodes. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 10 % more affordable than the average aforementioned.
With regard to the average price per m² , those properties with 3 bedrooms are the cheapest ones at a cost of $237 / m², with an average $694 / m² price in Rhodes. Properties with the most expensive price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 32 % more costly than the average value aforementioned.
