Property prices for sale in East Lismore (New South Wales)
The prices in real estate in East Lismore, 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 East Lismore has had a strong decrease during the last 6 months. In October, the average price per m² was $3,985. In the following month the price per m² decreased considerably to $869. The price for the following two months in (December, January) had a considerable decrease of 61 with regard to the prior two months. The price per m² has had a considerable deflation of 58 % 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 $1,950.5 to $1,122 during February, and March.
Based upon to the price in East Lismore (suburbs), these have remained the same in the last 6 months. The average price during our first sample month during October, is $457,000. During November the price went through a considerable rise reaching $635,571. During the following two months (December, January) the price has had an average incrementation from $546,285.5 to $581,166.5. During the last two months the average price has had a strong fall compared to the previous four going from $563,726 to $265,800, which means a 47 % fall.
