The prices in real estate in Sussex Inlet, 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 Sussex Inlet has increased strongly during the last 6 months. In November, the average price per m² was $649. In the following month the price per m² increased to $699. The price for the following two months in (January, February) had a considerable increment of 235 %. The price per m² has had a considerable deflation of 71 % 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 $1,129.75 to $798.5 during March, and April.
Based upon to the price in Sussex Inlet (suburbs), this has gone up considerably in the last 6 months. The price in November is $610,651, rising in December till $657,188. During the following two months (January, February) the average price had a considerable increase of 172 % 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 $860,981.25 to $457,500, which means a 53 % fall.