The prices in real estate in Ettalong Beach, 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 Ettalong Beach has had a strong decrease during the last 6 months. In October, the average price per m² was $1,156. In November this price pretty much remained the same at a value of $1,156 per m². In the following two months the price per m² has increased 110 %, going from $1,156 to $1,275.5 per m². The price per m² has had a considerable deflation of 0 % 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 $1,215.75 to during February, and March.
Based upon to the price in Ettalong Beach (suburbs), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $719,327. In November This price remains at $719,327. During the following two months (December, January) the average price had a considerable increase of 117 % 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 $780,121 to , which means a 0 % fall.