Property prices for sale in Arakoon (New South Wales)
The prices in real estate in Arakoon, in the New South Wales region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per m² in Arakoon has had a strong decrease during the last 6 months. In November, the average price per m² was $482. In the following month the price per m² increased considerably to $578. The price for the following two months in (January, February) had a considerable decrease of 32 with regard to the prior two months. The price per m² has had a considerable deflation of 0 % 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 $351 to during March, and April.
Based upon to the price in Arakoon (suburbs), this has fallen considerably in the last 6 months. The price in November is $580,036, rising in December till $640,694. During the following two months (January, February) the average price had a considerable reduction of 33 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $404,632.5 to , which means a 0 % fall.
