The prices in real estate in Waitara, 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 Waitara has increased strongly during the last 6 months. In October, the average price per m² was $557. In November this price pretty much remained the same at a value of $557 per m². The price for the following two months in (December, January) had a considerable increment of 199 %. The price per m² has had a considerable deflation of 61 % 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 $831.75 to $504 during February, and March.
Based upon to the price in Waitara (suburbs), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $262,750. In November This price remains at $262,750. During the following two months (December, January) the average price had a considerable increase of 199 % 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 $393,439.75 to $291,723, which means a 74 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 15 % more costly than the average price of $299,750 in Waitara. Based on the bedrooms values, properties with the highest prices are those with 2 bedrooms. They are 59 % more expensive than the average aforementioned.
With regard to the average prices per m² those properties with 2 bedrooms are 37 % more costly than the average price of ($667 / m²) in Waitara. Properties with the most expensive price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 84 % more costly than the average value aforementioned.