Property prices for sale in Terranora (New South Wales)
The prices in real estate in Terranora, 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.
The price per m² in Terranora has increased strongly during the last 6 months. In October, the average price per m² was $464. In November this price pretty much remained the same at a value of $443 per m². The price for the following two months in (December, January) had a considerable increment of 126 %. The price per m² has increased 106 % 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 $512.75 to $542.5 during February, and March.
Based upon to the price in Terranora (suburbs), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $896,654. In November This price remains at $867,046. During the following two months (December, January) the average price had a considerable reduction of 71 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $753,355.5 to $474,983, which means a 63 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $460,533 they are 42 % more affordable than the average price for Terranora. The properties with the highest average price have 4 bedrooms, Their price is 5 % more costly than the average. After that we have properties with 2 bedrooms priced at $468,600.
With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of $428 / m², with an average $517 / m² price in Terranora. The properties with the highest average prices have 2 bedrooms. They are 85 % more expensive than the average followed by properties with 1 bedroom with a price at $796 / m².
With regard to the average price based upon the property in Terranora we can see that most expensive property type is "House" at a price of $506,159, they are 10 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 10 % more expensive than the average price aforementioned.
According to the average area cost by m² the cheapest property type is "House with an average price of $490 / m². "House" with an average cost of $490 / m² has the lowest price and would be directed at less affluent cities.
