Property prices for sale in Gol Gol (New South Wales)
The prices in real estate in Gol Gol, 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 Gol Gol has had a strong decrease during the last 6 months. In November, the average price per m² was $207. In the following month the price per m² decreased to $185. The price for the following two months in (January, February) had a considerable decrease of 59 with regard to the prior two months. The price per m² has had a considerable deflation of 85 % 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 $156.25 to $132.5 during March, and April.
Based upon to the price in Gol Gol (suburbs), this has fallen considerably in the last 6 months. The average price for November is $322,700. During December the price had a slight fall till $290,437. During the following two months (January, February) the average price had a considerable reduction of 76 % 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 $269,257.5 to $224,365.5, which means a 83 % fall.
