Property prices for sale in Narrabeen (New South Wales)
The prices in real estate in Narrabeen, in the New South Wales region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per m² in Narrabeen has had a strong decrease during the last 6 months. In November, the average price per m² was $1,116. In December this price pretty much remained the same at a value of $1,116 per m². In the following two months the price per m² has barely changed, going from $1,116 to $1,071 per m². The price per m² has had a considerable deflation of 0 % 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 $1,093.5 to during March, and April.
Based upon to the price in Narrabeen (suburbs), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $1,056,125. In December This price remains at $1,056,125. During the following two months (January, February) the average price had a considerable increase of 121 % 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 $1,164,925 to , which means a 0 % fall.
