The prices in real estate in Sydney, 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 Sydney has remained the same in the last 6 months. In September, the average price per m² was $1,966. In the following month the price per m² decreased to $1,846. In the following two months the price per m² has barely changed, going from $1,906 to $1,964.5 per m². 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 $1,935.25 to $1,866.5 during January y February
Based upon to the price in Sydney (suburbs), these have remained the same in the last 6 months. In our first sample month during September, the average price is $753,400. In October This price remains at $739,337. In the following two months the average price has remained the same with regard to the previous two months from $746,368.5 to $781,343. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $763,855.75 and $771,847.5 between January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $766,425 they are 22 % more affordable than the average price for Sydney. The properties with the highest average price have 4 bedrooms, Their price is 6 % more costly than the average. After that we have properties with 2 bedrooms priced at $781,514.
With regard to the average price per m² , those properties with 3 bedrooms are the cheapest ones at a cost of $1,499 / m², with an average $1,848 / m² price in Sydney. The properties with the highest average prices have 1 bedroom. They are 315 % more expensive than the average followed by properties with 2 bedrooms with a price at $5,907 / m².
The graph displaying the average prices displays the property type "Villa" as the most affordable one. At an cost of $766,425 it is 29 % cheaper than the average price in Sydney. "House" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "House". At a price of $790,342 it is 4 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "House" at an average cost of $1,664 / m² followed by "Villa" priced at $2,528 / m². "Apartment" is the most costly type of property with a $7,879 / m² cost followed by "Villa" with an average price of $2,528 / m².