The prices in real estate in Schofields, in the New South Wales 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 Schofields has fallen in the last 6 months. In October, the average price per m² was $211. In November this price pretty much remained the same at a value of $220 per m². The price for the following two months in (December, January) decreased 91 % with regard to the prior two months. The price per m² has had a considerable deflation of 73 % 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 $205.5 to $149 during February, and March.
Based upon to the price in Schofields (suburbs), this has fallen considerably in the last 6 months. The price in October is $154,087, rising in November till $165,212. During the following two months (December, January) the price has had an average incrementation from $159,649.5 to $173,285. During the last two months the average price has had a strong fall compared to the previous four going from $166,467.25 to $55,500, which means a 33 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $101,000 they are 90 % more affordable than the average price for Schofields. The properties with the highest average price have 4 bedrooms, Their price is 101 % more costly than the average. After that we have properties with 1 bedroom priced at $179,093.
With regard to the average price per m² , those properties with 3 bedrooms are the cheapest ones at a cost of $10 / m², with an average $283 / m² price in Schofields. The properties with the highest average prices have 1 bedroom. They are 92 % more expensive than the average followed by properties with 2 bedrooms with a price at $215 / m².