Property prices for sale in Estella (New South Wales)
The prices in real estate in Estella, 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 Estella has fallen in the last 6 months. In November, the average price per m² was $874. In December this price pretty much remained the same at a value of $869 per m². The price for the following two months in (January, February) had a considerable increment of 117 %. The price per m² has had a considerable deflation of 56 % 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 $943.75 to $528.5 during March, and April.
Based upon to the price in Estella (suburbs), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $667,167. In December This price remains at $662,750. In the following two months the average price has remained the same with regard to the previous two months from $664,958.5 to $649,312.5. During the last two months the average price has had a strong fall compared to the previous four going from $657,135.5 to $328,833.5, which means a 50 % fall.
