Property prices for sale in Wollongong (New South Wales)
The prices in real estate in Wollongong, in the New South Wales 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 Wollongong has increased during the last 6 months. In October, the average price per m² was $731. In November this price pretty much remained the same at a value of $718 per m². In the following two months the price per m² has increased 114 %, going from $724.5 to $823 per m². 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 $773.75 to $799.5 during February y March
Based upon to the price in Wollongong (suburbs), this has gone up in the last 6 months. In our first sample month during October, the average price is $635,360. In November This price remains at $648,325. During the following two months (December, January) the price has had an average incrementation from $641,842.5 to $684,253.5. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % 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 $721,461 they are 41 % more affordable than the average price for Wollongong. The properties with the highest average price have 4 bedrooms, Their price is 26 % more costly than the average. After that we have properties with 3 bedrooms priced at $682,497.
With regard to the average price per m² , those properties with 4 bedrooms are the most costly ones at a cost of $798 / m², with an average $785 / m² price in Wollongong. The properties with the highest average prices have 1 bedroom. They are 84 % more expensive than the average followed by properties with 2 bedrooms with a price at $1,388 / m².
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $721,461 it is 22 % cheaper than the average price in Wollongong. "Apartment" is seen as the second most affordable property type. The dearest property type is "House" followed by "Apartment". At a price of $769,714 it is 17 % more expensive than the average price.
According to the average cost per m², the most expensive property type would be "House" at an average cost of $802 / m² followed by "Condo" priced at $928 / m². "Apartment" is the most costly type of property with a $8,544 / m² cost followed by "Condo" with an average price of $928 / m².
