Property prices for sale in East Side (Northern Territory)
The prices in real estate in East Side, in the Northern Territory region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per m² in East Side has increased during the last 6 months. In October, the average price per m² was $670. In November this price pretty much remained the same at a value of $678 per m². The price for the following two months in (December, January) had a considerable increment of 140 %. The price per m² has had a considerable deflation of 65 % 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 $809.25 to $526 during February, and March.
Based upon to the price in East Side (suburbs), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $593,756. In November This price remains at $599,690. During the following two months (December, January) the average price had a considerable reduction of 80 % 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 $536,138.75 to $264,000, which means a 49 % fall.
