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 April, the average price per m² was $3,902. In May this price pretty much remained the same at a value of $3,762 per m². In the following two months the price per m² has barely changed, going from $3,832 to $3,723 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 $3,777.5 to $3,736 during August y September
Based upon to the price in Sydney (suburbs), this has gone up in the last 6 months. The price in April is $653,972, rising in May till $687,735. In the following two months the average price has remained the same with regard to the previous two months from $670,853.5 to $670,098.5. Based on an analysis of the first four prices and the last two months the average price has gone up 107 % 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 $725,681 they are 5 % more affordable than the average price for Sydney. The properties with the highest average price have 4 bedrooms, Their price is 7 % more costly than the average. After that we have properties with 1 bedroom priced at $717,444.
With regard to the average price per m² , those properties with 3 bedrooms are the cheapest ones at a cost of $1,645 / m², with an average $3,693 / m² price in Sydney. The properties with the highest average prices have 2 bedrooms. They are 1223 % more expensive than the average followed by properties with 1 bedroom with a price at $12,252 / m².
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $725,681 it is 51 % cheaper than the average price in Sydney. "Villa" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "House". At a price of $758,349 it is 17 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "Office" at an average cost of $852 / m² followed by "House" priced at $1,648 / m². "Apartment" is the most costly type of property with a $8,489 / m² cost followed by "Townhouse" with an average price of $4,519 / m².