Property prices for sale in Rydalmere (New South Wales)
The prices in real estate in Rydalmere, 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 Rydalmere has increased strongly during the last 6 months. In November, the average price per m² was $671. In December this price pretty much remained the same at a value of $671 per m². The price for the following two months in (January, February) had a considerable increment of 312 %. The price per m² has had a considerable deflation of 46 % 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 $1,383.5 to $632.5 during March, and April.
Based upon to the price in Rydalmere (suburbs), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is $498,500. In December This price remains at $498,500. During the following two months (January, February) the average price had a considerable increase of 263 % 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 $905,664 to $502,663, which means a 56 % fall.
