The prices in real estate in Kadina, 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 Kadina has increased strongly during the last 6 months. In November, the average price per m² was $590. In the following month the price per m² increased to $647. The price for the following two months in (January, February) had a considerable decrease of 67 with regard to the prior two months. The price per m² has had a considerable increase of 269 % 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 $516.75 to $1,390.5 during March, and April.
Based upon to the price in Kadina (suburbs), this has gone up in the last 6 months. The average price during our first sample month during November, is $363,500. During December the price went through a considerable rise reaching $543,375. During the following two months (January, February) the average price had a considerable reduction of 70 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $385,746.25 and $400,117.5 between March and April.