Property prices for sale in Penshurst (New South Wales)
The prices in real estate in Penshurst, 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 Penshurst has increased strongly during the last 6 months. In November, the average price per m² was $599. In the following month the price per m² increased to $665. The price for the following two months in (January, February) had a considerable increment of 191 %. The price per m² has had a considerable deflation of 64 % 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 $918.5 to $590.5 during March, and April.
Based upon to the price in Penshurst (suburbs), this has gone up considerably in the last 6 months. The price in November is $270,400, rising in December till $299,333. During the following two months (January, February) the average price had a considerable increase of 191 % 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 $414,460.75 to $270,179, which means a 65 % fall.
