The prices in real estate in Roseville, 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 Roseville has increased strongly during the last 6 months. In November, the average price per m² was $1,016. In the following month the price per m² increased to $1,138. The price for the following two months in (January, February) had a considerable increment of 232 %. The price per m² has had a considerable deflation of 61 % 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 $1,786.5 to $1,092 during March, and April.
Based upon to the price in Roseville (suburbs), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is $655,357. In December This price remains at $684,500. During the following two months (January, February) the average price had a considerable increase of 286 % 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 $1,293,005.25 to $704,295, which means a 54 % fall.