Property prices for sale in Picnic Point (New South Wales)
The prices in real estate in Picnic Point, 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 Picnic Point has increased strongly during the last 6 months. In October, the average price per m² was $556. In November this price pretty much remained the same at a value of $556 per m². In the following two months the price per m² has barely changed, going from $556 to $555.5 per m². The price per m² has had a considerable increase of 165 % 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 $555.75 to $915.5 during February, and March.
Based upon to the price in Picnic Point (suburbs), this has gone downing the last 6 months. In our first sample month during October, the average price is $623,333. In November This price remains at $623,333. In the following two months the average price has remained the same with regard to the previous two months from $623,333 to $623,021. During the last two months the average price has had a strong fall compared to the previous four going from $623,177 to $452,500, which means a 73 % fall.
