Property prices for sale in Lake Albert (New South Wales)
The prices in real estate in Lake Albert, 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 Lake Albert has fallen in the last 6 months. In October, the average price per m² was $689. In November this price pretty much remained the same at a value of $671 per m². The price for the following two months in (December, January) had a considerable increment of 118 %. The price per m² has had a considerable deflation of 48 % 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 $741.25 to $357.5 during February, and March.
Based upon to the price in Lake Albert (suburbs), this has gone downing the last 6 months. In our first sample month during October, the average price is $724,370. In November This price remains at $712,765. During the following two months (December, January) the average price had a considerable increase of 115 % 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 $774,189.5 to $438,931.5, which means a 57 % fall.
