The prices in real estate in Pennant Hills, 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 Pennant Hills has increased strongly during the last 6 months. In November, the average price per m² was $589. In the following month the price per m² increased to $628. The price for the following two months in (January, February) had a considerable decrease of 0 with regard to the prior two months. The price per m² has had a considerable increase of 558 % 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 $304.25 to $1,698.5 during March, and April.
Based upon to the price in Pennant Hills (suburbs), this has fallen considerably in the last 6 months. The price in November is $426,563, rising in December till $454,333. During the following two months (January, February) the average price had a considerable reduction of 0 % 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 299 % during the last two months.