Property prices for sale in Kyogle (New South Wales)
The prices in real estate in Kyogle, in the New South Wales region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per m² in Kyogle has had a strong decrease during the last 6 months. In November, the average price per m² was $692. In the following month the price per m² increased to $759. The price for the following two months in (January, February) had a considerable decrease of 32 with regard to the prior two months. The price per m² has had a considerable deflation of 56 % 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 $480.25 to $269 during March, and April.
Based upon to the price in Kyogle (suburbs), this has fallen considerably in the last 6 months. The price in November is $614,750, rising in December till $653,333. During the following two months (January, February) the average price had a considerable reduction of 39 % 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 $439,520.75 to $237,500, which means a 54 % fall.
