Property prices for sale in Tolland (New South Wales)
The prices in real estate in Tolland, in the New South Wales region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per m² in Tolland has had a strong decrease during the last 6 months. In October, the average price per m² was $685. In the following month the price per m² decreased to $646. In the following two months the price per m² has barely changed, going from $665.5 to $668 per m². The price per m² has had a considerable deflation of 59 % 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 $666.75 to $391 during February, and March.
Based upon to the price in Tolland (suburbs), this has gone downing the last 6 months. In our first sample month during October, the average price is $517,100. In November This price remains at $493,600. During the following two months (December, January) the price has had an average incrementation from $505,350 to $571,896. During the last two months the average price has had a strong fall compared to the previous four going from $538,623 to $344,000, which means a 64 % fall.
