Property prices for sale in Drummoyne (New South Wales)
The prices in real estate in Drummoyne, in the New South Wales region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per m² in Drummoyne has increased strongly during the last 6 months. In October, the average price per m² was $1,342. In November this price pretty much remained the same at a value of $1,342 per m². The price for the following two months in (December, January) had a considerable increment of 204 %. The price per m² has had a considerable increase of 125 % 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 $2,042.25 to $2,548.5 during February, and March.
Based upon to the price in Drummoyne (suburbs), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $809,375. In November This price remains at $809,375. During the following two months (December, January) the average price had a considerable increase of 199 % 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 risen strongly 124 % during the last two months.
