Property prices for sale in Narooma (New South Wales)
The prices in real estate in Narooma, 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 Narooma has increased strongly during the last 6 months. In October, the average price per m² was $1,114. In November this price pretty much remained the same at a value of $1,102 per m². The price for the following two months in (December, January) had a considerable increment of 1085 %. The price per m² has had a considerable increase of 434 % 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 $6,563.5 to $28,466.5 during February, and March.
Based upon to the price in Narooma (suburbs), these have remained the same in the last 6 months. In our first sample month during October, the average price is $999,452. In November This price remains at $981,897. During the following two months (December, January) the price has had an average incrementation from $990,674.5 to $1,103,712.5. During the last two months the average price has had a strong fall compared to the previous four going from $1,047,193.5 to $871,100, which means a 83 % fall.
