Property prices for sale in Old Bar (New South Wales)
The prices in real estate in Old Bar, 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 Old Bar has increased strongly during the last 6 months. In October, the average price per m² was $1,064. In November this price pretty much remained the same at a value of $1,028 per m². The price for the following two months in (December, January) had a considerable increment of 1567 %. The price per m² has had a considerable deflation of 8 % 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 $8,717.25 to $720 during February, and March.
Based upon to the price in Old Bar (suburbs), these have remained the same in the last 6 months. The price in October is $667,000, rising in November till $765,706. During the following two months (December, January) the average price had a considerable increase of 122 % 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 $794,753.5 to $386,550, which means a 49 % fall.
