Property prices for sale in Palm Beach (New South Wales)
The prices in real estate in Palm Beach, 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 Palm Beach has increased strongly during the last 6 months. In October, the average price per m² was $979. In the following month the price per m² increased to $1,117. The price for the following two months in (December, January) had a considerable increment of 147 %. The price per m² has had a considerable increase of 137 % 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 $1,294 to $1,775.5 during February, and March.
Based upon to the price in Palm Beach (suburbs), these have remained the same in the last 6 months. The average price for October is $918,545. During November the price had a considerable reduction till $390,702. During the following two months (December, January) the average price had a considerable increase of 144 % 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 135 % during the last two months.
