Property prices for sale in Byron Bay (New South Wales)
The prices in real estate in Byron Bay, 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 Byron Bay has increased strongly during the last 6 months. In October, the average price per m² was $512. In November this price pretty much remained the same at a value of $512 per m². The price for the following two months in (December, January) had a considerable decrease of 79 with regard to the prior two months. The price per m² has had a considerable increase of 374 % 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 $457.5 to $1,710 during February, and March.
Based upon to the price in Byron Bay (suburbs), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $466,556. In November This price remains at $466,556. During the following two months (December, January) the average price had a considerable reduction of 78 % 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 442 % during the last two months.
