The prices in real estate in Iluka, in the New South Wales region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per m² in Iluka has remained the same in the last 6 months. In October, the average price per m² was $810. In November this price pretty much remained the same at a value of $786 per m². The price for the following two months in (December, January) had a considerable increment of 122 %. The price per m² has had a considerable deflation of 64 % 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 $886.5 to $564 during February, and March.
Based upon to the price in Iluka (suburbs), this has gone downing the last 6 months. In our first sample month during October, the average price is $591,547. In November This price remains at $614,997. During the following two months (December, January) the price has had an average incrementation from $603,272 to $659,329. During the last two months the average price has had a strong fall compared to the previous four going from $631,300.5 to $315,177, which means a 50 % fall.