The prices in real estate in Marsden Park, 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 Marsden Park has increased strongly during the last 6 months. In October, the average price per m² was $350. In the following month the price per m² increased considerably to $449. The price for the following two months in (December, January) had a considerable increment of 479 %. The price per m² has had a considerable increase of 126 % 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 $1,156 to $1,454 during February, and March.
Based upon to the price in Marsden Park (suburbs), this has gone up considerably in the last 6 months. The price in October is $437,703, rising in November till $474,807. During the following two months (December, January) the average price had a considerable increase of 184 % 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 $648,740.25 to $500,115.5, which means a 77 % fall.