Property prices for sale in Cobbitty (New South Wales)
The prices in real estate in Cobbitty, 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 Cobbitty has increased strongly during the last 6 months. In October, the average price per m² was $618. In November this price pretty much remained the same at a value of $637 per m². The price for the following two months in (December, January) decreased 94 % with regard to the prior two months. The price per m² has had a considerable increase of 198 % 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 $607.25 to $1,202 during February, and March.
Based upon to the price in Cobbitty (suburbs), these have remained the same in the last 6 months. In our first sample month during October, the average price is $880,095. In November This price remains at $873,669. During the following two months (December, January) the average price fell 86 % 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 136 % during the last two months.
