The prices in real estate in Lake Cathie, in the New South Wales 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 Lake Cathie has increased during the last 6 months. In October, the average price per m² was $709. In November this price pretty much remained the same at a value of $690 per m². The price for the following two months in (December, January) had a considerable increment of 117 %. The price per m² has increased 113 % 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 $758.75 to $858.5 during February, and March.
Based upon to the price in Lake Cathie (suburbs), this has gone downing the last 6 months. In our first sample month during October, the average price is $719,568. In November This price remains at $709,562. In the following two months the average price has remained the same with regard to the previous two months from $714,565 to $684,865.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 91 %, going from $699,715.25 to $636,752 in February and March.