Property prices for sale in Inverell (New South Wales)
The prices in real estate in Inverell, in the New South Wales region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per m² in Inverell has fallen in the last 6 months. In October, the average price per m² was $455. In the following month the price per m² increased to $483. The price for the following two months in (December, January) had a considerable increment of 115 %. The price per m² has had a considerable deflation of 53 % 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 $504.5 to $269 during February, and March.
Based upon to the price in Inverell (suburbs), this has gone downing the last 6 months. The price in October is $447,176, rising in November till $487,706. During the following two months (December, January) the average price had a considerable increase of 121 % 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 $516,843.25 to $243,437.5, which means a 47 % fall.
