Property prices for sale in Norah Head (New South Wales)
The prices in real estate in Norah Head, 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 Norah Head has increased strongly during the last 6 months. In November, the average price per m² was $556. In the following month the price per m² increased considerably to $730. In the following two months the price per m² has increased 115 %, going from $643 to $738.5 per m². The price per m² has decreased 89 % 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 $690.75 to $613 during March, and April.
Based upon to the price in Norah Head (suburbs), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $486,250. During December the price went through a considerable rise reaching $620,500. During the following two months (January, February) the price has had an average incrementation from $553,375 to $610,831. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 91 %, going from $582,103 to $527,319 in March and April.
