The prices in real estate in Utakarra, in the Western Australia region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per m² in Utakarra has increased during the last 6 months. In November, the average price per m² was $221. In December this price pretty much remained the same at a value of $227 per m². In the following two months the price per m² has barely changed, going from $224 to $222.5 per m². The price per m² has had a considerable increase of 117 % 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 $223.25 to $260.5 during March, and April.
Based upon to the price in Utakarra (suburbs), this has gone up in the last 6 months. The average price during our first sample month during November, is $193,692. During December the price went through a considerable rise reaching $229,199. During the following two months (January, February) the price has had an average incrementation from $211,445.5 to $233,916.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $222,681 to $206,851.5 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the most costly ones. At a price of $165,714 they are 33 % more expensive than the average price for Utakarra. Following this ranking we find those properties with 3 at an average price of $258,920. The properties with the highest average price have 1 bedroom, Their price is 105 % more costly than the average. After that we have properties with 4 bedrooms priced at $324,288.
With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of $281 / m², with an average $283 / m² price in Utakarra. The properties with the highest average prices have 1 bedroom. They are 360 % more expensive than the average followed by properties with 2 bedrooms with a price at $433 / m².
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $165,714 it is 61 % cheaper than the average price in Utakarra. "House" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "House". At a price of $263,038 it is 70 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "Land" at an average cost of $35 / m² followed by "House" priced at $237 / m². "Condo" is the most costly type of property with a $456 / m² cost followed by "House" with an average price of $237 / m².