Property prices for sale in Sydney (New South Wales)

The prices in real estate in Sydney, in the New South Wales region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.

$657,532.33
Average price last 6 months
$1,079
Price/m² last 6 months
Average price per m2

The price per m² in Sydney has increased strongly during the last 6 months. In September, the average price per m² was $850. In the following month the price per m² increased to $902. The price for the following two months in (November, December) decreased 90 % with regard to the prior two months. The price per m² has had a considerable increase of 190 % 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 $831 to $1,575 during January, and February.

Average price

Based upon to the price in Sydney (suburbs), this has gone downing the last 6 months. The price in September is $725,194, rising in October till $776,345. In the following two months the average price has remained the same with regard to the previous two months from $750,769.5 to $717,045. During the last two months the average price has had a strong fall compared to the previous four going from $733,907.25 to $504,782.5, which means a 69 % fall.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $552,920 they are 59 % more affordable than the average price for Sydney. The properties with the lowest average price have 3 bedrooms, Their price is 42 % cheaper than the average. After that we have properties with 4 bedrooms priced at $275,475.

With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of $270 / m², with an average $2,068 / m² price in Sydney. The properties with the highest average prices have 3 bedrooms. They are 119 % more expensive than the average followed by properties with 2 bedrooms with a price at $844 / m².

Price per property type

The graph displaying the average prices displays the property type "Townhouse" as the most costly one. At an cost of $552,920 it is 31 % more expensive than the average price in Sydney. "House" is seen as the second dearest property type. The dearest property type is "Terrace" followed by "Office". At a price of $1,487,500 it is 400 % more expensive than the average price.

According to the average cost per m², the cheapest property type is "House" at an average cost of $1,689 / m² followed by "Townhouse" priced at $3,833 / m². "Terrace" is the most costly type of property with a $19,416 / m² cost followed by "Apartment" with an average price of $13,726 / m².

Charts data
Average price February
Average price per m² February
Number of properties used in Sydney
Number of properties used in region New South Wales
$552,920
$2,068
4,116
292,800
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value