Property prices for sale in Brookvale (New South Wales)
The prices in real estate in Brookvale, 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 Brookvale has had a strong decrease during the last 6 months. In October, the average price per m² was $6,775. In the following month the price per m² decreased to $6,220. The price for the following two months in (December, January) had a considerable decrease of 83 with regard to the prior two months. The price per m² has had a considerable deflation of 39 % 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 $5,956.25 to $2,305 during February, and March.
Based upon to the price in Brookvale (suburbs), this has gone downing the last 6 months. The average price during our first sample month during October, is $854,444. During November the price went through a considerable rise reaching $1,071,667. In the following two months the average price has remained the same with regard to the previous two months from $963,055.5 to $990,878. During the last two months the average price has had a strong fall compared to the previous four going from $976,966.75 to $455,044.5, which means a 47 % fall.
