Property prices for sale in Watson (Australian Capital Territory)

The prices in real estate in Watson, in the Australian Capital Territory 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.

$482,761
Average price last 6 months
$831.17
Price/m² last 6 months
Average price per m2

The price per m² in Watson has had a strong decrease during the last 6 months. In October, the average price per m² was $982. In November this price pretty much remained the same at a value of $1,017 per m². The price for the following two months in (December, January) had a considerable decrease of 76 with regard to the prior two months. The price per m² has had a considerable deflation of 83 % 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 $880 to $733.5 during February, and March.

Average price

Based upon to the price in Watson (suburbs), this has gone up in the last 6 months. The price in October is $446,983, rising in November till $479,078. During the following two months (December, January) the price has had an average incrementation from $463,030.5 to $502,052.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $482,541.5 and $483,200 between February and March.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $483,196 they are 22 % more affordable than the average price for Watson. The properties with the highest average price have 4 bedrooms, Their price is 41 % more costly than the average. After that we have properties with 3 bedrooms priced at $535,364.

With regard to the average price per m² , those properties with 2 bedrooms are the cheapest ones at a cost of $612 / m², with an average $728 / m² price in Watson. The properties with the highest average prices have 1 bedroom. They are 142 % more expensive than the average followed by properties with 3 bedrooms with a price at $629 / m².

Price per property type

The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of $483,196 it is 0 % more expensive than the average price in Watson. "Condo" is seen as the second dearest property type. The dearest property type is "Condo" followed by "House". At a price of $485,345 it is 6 % more expensive than the average price.

According to the average cost per m², the cheapest property type is "House" at an average cost of $659 / m² followed by "Condo" priced at $785 / m². "Condo" is the most costly type of property with a $785 / m² cost followed by "House" with an average price of $659 / m².

Charts data
Average price March
Average price per m² March
Number of properties used in Watson
Number of properties used in region Australian Capital Territory
$483,196
$728
332
23,012
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value