Property prices for sale in Johnston (Northern Territory)
The prices in real estate in Johnston, in the Northern Territory 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 Johnston has increased during the last 6 months. In November, the average price per m² was $530. In December this price pretty much remained the same at a value of $535 per m². The price for the following two months in (January, February) decreased 91 % with regard to the prior two months. The price per m² has had a considerable increase of 148 % 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 $508.75 to $750.5 during March, and April.
Based upon to the price in Johnston (suburbs), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $445,556. In December This price remains at $447,500. During the following two months (January, February) the average price had a considerable reduction of 58 % 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 $352,639 to $237,875, which means a 67 % fall.
