The prices in real estate in Manukau City, in the Oroua County 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 Manukau City has remained the same in the last 6 months. In September, the average price per m² was $1,311. In October this price pretty much remained the same at a value of $1,305 per m². The price for the following two months in (November, December) decreased 87 % with regard to the prior two months. The price per m² has had a considerable increase of 119 % 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 $1,225.5 to $1,462 during January, and February.
Based upon to the price in Manukau City (suburbs), this has gone up in the last 6 months. In our first sample month during September, the average price is $936,760. In October This price remains at $959,023. During the following two months (November, December) the price has had an average incrementation from $947,891.5 to $1,041,810. 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 $994,850.75 and $1,015,895 between January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $542,790 they are 9 % more affordable than the average price for Manukau City. The properties with the highest average price have 4 bedrooms, Their price is 37 % more costly than the average. After that we have properties with 2 bedrooms priced at $704,438.
With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of $1,035 / m², with an average $1,817 / m² price in Manukau City. The properties with the lowest average prices have 2 bedrooms. They are 17 % cheaper than the average followed by properties with 3 bedrooms with a price at $1,503 / m².
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $542,790 it is 13 % cheaper than the average price in Manukau City. "Apartment" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "Apartment". At a price of $683,905 it is 32 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "Apartment" at an average cost of $947 / m² followed by "House" priced at $1,004 / m². "Townhouse" is the most costly type of property with a $6,667 / m² cost followed by "House" with an average price of $1,004 / m².