Property prices for sale in Murray Bridge (South Australia)
The prices in real estate in Murray Bridge, in the South Australia 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 Murray Bridge has increased strongly during the last 6 months. In October, the average price per m² was $549. In the following month the price per m² increased considerably to $278,560. The price for the following two months in (December, January) had a considerable decrease of 0 with regard to the prior two months. The price per m² has had a considerable deflation of 20 % 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 $70,040.25 to $14,008.5 during February, and March.
Based upon to the price in Murray Bridge (suburbs), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $267,750. During November the price went through a considerable rise reaching $1,700,128. During the following two months (December, January) the average price had a considerable reduction of 34 % 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 $658,261.25 to $274,625, which means a 42 % fall.
