The prices in real estate in Gawler Belt, in the South Australia 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 Gawler Belt has had a strong decrease during the last 6 months. In November, the average price per m² was $1,133. In the following month the price per m² increased considerably to $1,338. In the following two months the price per m² has barely changed, going from $1,235.5 to $1,275 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 $1,255.25 to during March, and April.
Based upon to the price in Gawler Belt (suburbs), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $587,917. In December This price remains at $591,318. During the following two months (January, February) the price has had an average incrementation from $589,617.5 to $624,221. During the last two months the average price has had a strong fall compared to the previous four going from $606,919.25 to , which means a 0 % fall.