Property prices for sale in Port Elliot (South Australia)
The prices in real estate in Port Elliot, in the South Australia 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 Port Elliot has increased strongly during the last 6 months. In November, the average price per m² was $762. In the following month the price per m² increased to $812. The price for the following two months in (January, February) had a considerable increment of 252 %. The price per m² has had a considerable deflation of 25 % 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 $1,385.75 to $347 during March, and April.
Based upon to the price in Port Elliot (suburbs), this has gone up in the last 6 months. The price in November is $799,737, rising in December till $859,750. During the following two months (January, February) the average price had a considerable increase of 159 % 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 $1,072,829.25 to $375,405.5, which means a 35 % fall.
