Property prices for sale in Red Head (New South Wales)
The prices in real estate in Red Head, 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 Red Head has had a strong decrease during the last 6 months. In November, the average price per m² was $1,275. In the following month the price per m² decreased considerably to . In the following two months the price per m² has increased 106 %, going from $637.5 to $674 per m². The price per m² has had a considerable deflation of 0 % 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 $655.75 to during March, and April.
Based upon to the price in Red Head (suburbs), this has fallen considerably in the last 6 months. The average price for November is $1,305,750. During December the price had a considerable reduction till . During the following two months (January, February) the average price had a considerable reduction of 80 % 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 $586,937.5 to , which means a 0 % fall.
