The prices in real estate in Macarthur, in the Victoria 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 Macarthur has fallen in the last 6 months. In October, the average price per m² was $563. In the following month the price per m² decreased to $533. The price for the following two months in (December, January) decreased 95 % with regard to the prior two months. The price per m² has barely changed in the last two months compared to the average price of the previous four months going from an average price of $533 to $525 during February y March
Based upon to the price in Macarthur (suburbs), this has gone downing the last 6 months. In our first sample month during October, the average price is $545,270. In November This price remains at $521,361. During the following two months (December, January) the average price fell 93 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from $514,528 to $471,272 in February and March.