Property prices for sale in Tailem Bend (South Australia)
The prices in real estate in Tailem Bend, in the South Australia 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 Tailem Bend has fallen in the last 6 months. In November, the average price per m² was $260. In December this price pretty much remained the same at a value of $270 per m². The price for the following two months in (January, February) had a considerable increment of 139 %. The price per m² has had a considerable deflation of 26 % 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 $317 to $83.5 during March, and April.
Based upon to the price in Tailem Bend (suburbs), this has gone up in the last 6 months. In our first sample month during November, the average price is $220,710. In December This price remains at $223,913. During the following two months (January, February) the average price had a considerable increase of 170 % 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 $299,605.5 to $129,800, which means a 43 % fall.
