The prices in real estate in Toormina, 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 Toormina has fallen in the last 6 months. In August, the average price per m² was $971. In the following month the price per m² decreased to $873. The price for the following two months in (October, November) had a considerable decrease of 81 with regard to the prior two months. The price per m² has had a considerable increase of 130 % 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 $835.25 to $1,084.5 during December, and January.
Based upon to the price in Toormina (suburbs), this has gone downing the last 6 months. In our first sample month during August, the average price is $454,200. In September This price remains at $456,800. In the following two months the average price has remained the same with regard to the previous two months from $455,500 to $435,877.5. During the last two months the average price has had a strong fall compared to the previous four going from $445,688.75 to $376,510.5, which means a 84 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 12 % more costly than the average price of $448,280 in Toormina. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 12 % more expensive than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 13 % cheaper than the average price of ($1,040 / m²) in Toormina. Properties with the most affordable price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 13 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Toormina we can see that most expensive property type is "House" at a price of $448,280, they are 12 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 12 % 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 $1,040 / m². "House" with an average cost of $1,040 / m² has the lowest price and would be directed at less affluent cities.