Property prices for sale in Frenchs Forest (New South Wales)
The prices in real estate in Frenchs Forest, in the New South Wales region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per m² in Frenchs Forest has increased strongly during the last 6 months. In October, the average price per m² was $10. In the following month the price per m² increased considerably to $517. The price for the following two months in (December, January) had a considerable decrease of 73 with regard to the prior two months. The price per m² has had a considerable deflation of 4 % 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 $227.5 to $8 during February, and March.
Based upon to the price in Frenchs Forest (suburbs), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $11,616. During November the price went through a considerable rise reaching $745,000. During the following two months (December, January) the average price had a considerable reduction of 37 % 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 $259,464 to $9,990, which means a 4 % fall.
