Property prices for sale in Neutral Bay (New South Wales)
The prices in real estate in Neutral Bay, in the New South Wales region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per m² in Neutral Bay has fallen in the last 6 months. In October, the average price per m² was $1,573. In the following month the price per m² decreased considerably to $827. The price for the following two months in (December, January) had a considerable increment of 138 %. The price per m² has increased 107 % 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 $1,427.5 to $1,525.5 during February, and March.
Based upon to the price in Neutral Bay (suburbs), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $300,588. During November the price went through a considerable rise reaching $440,938. During the following two months (December, January) the average price had a considerable increase of 342 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 136 % during the last two months.
