The prices in real estate in Goolwa South, in the South Australia region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per m² in Goolwa South has increased during the last 6 months. In October, the average price per m² was $326. In November this price pretty much remained the same at a value of $330 per m². The price for the following two months in (December, January) had a considerable increment of 148 %. The price per m² has had a considerable deflation of 70 % 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 $406.5 to $283 during February, and March.
Based upon to the price in Goolwa South (suburbs), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $468,106. In November This price remains at $466,531. In the following two months the average price has remained the same with regard to the previous two months from $467,318.5 to $478,698.5. During the last two months the average price has had a strong fall compared to the previous four going from $473,008.5 to $235,900, which means a 50 % fall.