The prices in real estate in Sanctuary Point, in the New South Wales region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per m² in Sanctuary Point has fallen in the last 6 months. In October, the average price per m² was $713. In November this price pretty much remained the same at a value of $697 per m². In the following two months the price per m² has increased 109 %, going from $705 to $765 per m². The price per m² has had a considerable deflation of 77 % 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 $735 to $567 during February, and March.
Based upon to the price in Sanctuary Point (suburbs), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $662,088. In November This price remains at $652,025. During the following two months (December, January) the average price fell 93 % 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 $634,407.5 to $348,666.5, which means a 55 % fall.