Property prices for sale in Leumeah (New South Wales)
The prices in real estate in Leumeah, in the New South Wales 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 Leumeah has increased strongly during the last 6 months. In November, the average price per m² was $175. In the following month the price per m² increased considerably to $238. The price for the following two months in (January, February) had a considerable increment of 275 %. The price per m² has had a considerable increase of 117 % 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 $386.75 to $451.5 during March, and April.
Based upon to the price in Leumeah (suburbs), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $173,714. During December the price went through a considerable rise reaching $490,127. During the following two months (January, February) the average price had a considerable increase of 366 % 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 $773,364.25 to $471,010.5, which means a 61 % fall.
