Property prices for sale in Paradise (New South Wales)
The prices in real estate in Paradise, 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 Paradise has had a strong decrease during the last 6 months. In October, the average price per m² was $542. In the following month the price per m² decreased considerably to $359. In the following two months the price per m² has barely changed, going from $450.5 to $447 per m². The price per m² has had a considerable deflation of 76 % 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 $448.75 to $343 during February, and March.
Based upon to the price in Paradise (suburbs), this has fallen considerably in the last 6 months. The average price for October is $426,667. During November the price had a considerable reduction till $258,222. In the following two months the average price has remained the same with regard to the previous two months from $342,444.5 to $358,178. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $350,311.25 to $326,756 in February and March.
