The prices in real estate in Brunswick Heads, 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 Brunswick Heads has had a strong decrease during the last 6 months. In October, the average price per m² was $1,425. In the following month the price per m² decreased considerably to $566. The price for the following two months in (December, January) had a considerable increment of 129 %. The price per m² has decreased 90 % 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 $1,137.5 to $1,028.5 during February, and March.
Based upon to the price in Brunswick Heads (suburbs), this has fallen considerably in the last 6 months. The average price for October is $926,667. During November the price had a considerable reduction till $327,500. During the following two months (December, January) the average price had a considerable reduction of 81 % 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 $566,866.75 to $405,040.5, which means a 71 % fall.