Property prices for sale in Merimbula (New South Wales)

The price per m² in Merimbula has fallen in the last 6 months. In October, the average price per m² was $859. In November this price pretty much remained the same at a value of $857 per m². The price for the following two months in (December, January) had a considerable increment of 123 %. The price per m² has had a considerable deflation of 55 % 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 $957.25 to $526.5 during February, and March.

Based upon to the price in Merimbula (suburbs), this has gone downing the last 6 months. In our first sample month during October, the average price is $773,601. In November This price remains at $776,914. During the following two months (December, January) the average price had a considerable increase of 117 % 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 $840,138.5 to $447,666.5, which means a 53 % fall.