The prices in real estate in Durren Durren, in the New South Wales region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per m² in Durren Durren has fallen in the last 6 months. In November, the average price per m² was $613. In the following month the price per m² decreased considerably to $509. In the following two months the price per m² has barely changed, going from $561 to $557.5 per m². The price per m² has increased 110 % 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 $559.25 to $614 during March, and April.
Based upon to the price in Durren Durren (suburbs), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $495,399. During December the price went through a considerable rise reaching $574,532. During the following two months (January, February) the average price had a considerable increase of 119 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $587,097.25 and $601,288.5 between March and April.