Property prices for sale in Hewett (South Australia)
The prices in real estate in Hewett, in the South Australia 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 Hewett has increased strongly during the last 6 months. In November, the average price per m² was $254. In the following month the price per m² increased considerably to $312. The price for the following two months in (January, February) had a considerable increment of 143 %. 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 $343.5 to $239.5 during March, and April.
Based upon to the price in Hewett (suburbs), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $322,285. During December the price went through a considerable rise reaching $381,919. During the following two months (January, February) the average price had a considerable increase of 137 % 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 $417,710.25 to $283,054.5, which means a 68 % fall.
