Property prices for sale in South Australia region
The average price in the South Australia region has had an strong increase in recent months. There has been a strong inflation in the prices in this region.
The price per m² in South Australia has increased strongly in the last 6 months. During November, the average price per m² was $244. The following month (December) the price increased to $257 per m². In the following two months (January, February) the price per m² has risen strongly to a 138 %. In the last two months, the price per m² has had a significant increase of 237 %. This has been obtained by comparing the price of $298 for the first four months of the sample with regard to the previous 4 months and the price of $705 per m² for the last two months (March, April).
Based upon to the price in South Australia(region), this has increased considerably in the last 6 months. The average price in November is $253,998. In December the price increased to $266,910. The price in the following months (January, February) had a strong increment of 133 % going from $260,454 to $347,352.5. During the last two months the price has had a considerable increase of 150 % with respect to the previous four months going from $303,903.25 a $455,383.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 70 % more affordable than the average price in South Australia followed by those with 2 with an average price of $216,746. The cheapest properties have 4 bedrooms. They are 24 % cheaper than the average followed by those properties with 3 bedrooms priced at $315,272.
Based on the average price per m² those properties with 3 bedrooms are the cheapest ones with a price of $384 / m² being $1,069 / m² the average value within the South Australia region. The properties with the cheapest average price are those with 1 bedroom. These are 50 % lower than the average followed by those with 2 bedrooms with a price of $442 / m².
The graph displaying the average price according to the property type shows "Retail" as the cheapest one. With an average cost of $561,163 it is 72 % more affordable than the average in South Australia. This is followed by "House" with a price of $237,233. The cheapest property type is "Townhouse" and is 30 % more affordable than the average, followed by "Warehouse" with a cost of $391,220.
Based on the average cost per m² the cheapest property type is "House with a an average cost of $202 / m², followed by "Retail" with a price of $1,277 / m². "Townhouse" with an average price of $22,354 / m² is the most costly type of property followed by "Office" at a price of $2,563 / m².
