The prices in real estate in Wamberal, in the New South Wales region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per m² in Wamberal has had a strong decrease during the last 6 months. In August, the average price per m² was $121,279. In the following month the price per m² decreased considerably to . In the following two months the price per m² has barely changed, going from $60,639.5 to $61,784.5 per m². The price per m² has had a considerable deflation of 3 % 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 $61,212 to $1,803.5 during December, and January.
Based upon to the price in Wamberal (suburbs), this has fallen considerably in the last 6 months. The average price for August is $1,088,500. During September the price had a considerable reduction till . During the following two months (October, November) the average price had a considerable increase of 189 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 142 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 34 % cheaper than the average price of $795,206 in Wamberal. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 34 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 38 % cheaper than the average price of ($1,337 / m²) in Wamberal. Properties with the most affordable price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 38 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Wamberal we can see that the cheapest property type is "House" at a price of $795,206, they are 34 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 34 % more affordable than the average price aforementioned.
According to the average area cost by m² the cheapest property type is "House with an average price of $1,337 / m². "House" with an average cost of $1,337 / m² has the lowest price and would be directed at less affluent cities.