The prices in real estate in Braitling, in the Northern Territory 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 Braitling has remained the same in the last 6 months. In November, the average price per m² was $540. In December this price pretty much remained the same at a value of $539 per m². The price for the following two months in (January, February) had a considerable increment of 132 %. The price per m² has had a considerable deflation of 52 % 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 $625 to $327.5 during March, and April.
Based upon to the price in Braitling (suburbs), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $518,700. In December This price remains at $518,690. In the following two months the average price has remained the same with regard to the previous two months from $518,695 to $506,733. During the last two months the average price has had a strong fall compared to the previous four going from $512,714 to $231,041.5, which means a 45 % fall.