The prices in real estate in Winnellie, in the Northern Territory region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per m² in Winnellie has remained the same in the last 6 months. In November, the average price per m² was $587. In the following month the price per m² decreased to $509. The price for the following two months in (January, February) had a considerable increment of 116 %. The price per m² has barely changed in the last two months compared to the average price of the previous four months going from an average price of $592.25 to $611.5 during March y April
Based upon to the price in Winnellie (suburbs), this has fallen considerably in the last 6 months. The average price for November is $780,000. During December the price had a considerable reduction till $530,078. During the following two months (January, February) the average price had a considerable reduction of 74 % 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 gone up 110 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $779,220 they are 60 % more affordable than the average price for Winnellie. The properties with the highest average price have 3 bedrooms, Their price is 3 % more costly than the average. After that we have properties with 4 bedrooms priced at $670,828.
With regard to the average price per m² , those properties with 2 bedrooms are the most costly ones at a cost of $594 / m², with an average $586 / m² price in Winnellie. The properties with the highest average prices have 1 bedroom. They are 70 % more expensive than the average followed by properties with 3 bedrooms with a price at $919 / m².
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $779,220 it is 43 % cheaper than the average price in Winnellie. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $445,466 it is 17 % more affordable than the average price.
According to the average cost per m², the cheapest property type is "House" at an average cost of $316 / m² followed by "Apartment" priced at $721 / m². "Apartment" is the most costly type of property with a $721 / m² cost followed by "House" with an average price of $316 / m².