The prices in real estate in Murray Bridge North, 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 North has increased strongly during the last 6 months. In November, the average price per m² was . In the following month the price per m² increased considerably to $791. In the following two months the price per m² has increased 109 %, going from $395.5 to $429.5 per m². 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 $412.5 to $481 during March, and April.
Based upon to the price in Murray Bridge North (suburbs), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is . During December the price went through a considerable rise reaching $584,895. In the following two months the average price has remained the same with regard to the previous two months from $292,447.5 to $295,819. 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 $294,133.25 to $269,627.5 in March and April.