The prices in real estate in Toongabbie, 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 Toongabbie has increased strongly during the last 6 months. In October, the average price per m² was . In the following month the price per m² increased considerably to $370. The price for the following two months in (December, January) had a considerable increment of 205 %. The price per m² has had a considerable deflation of 70 % 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 $282 to $198 during February, and March.
Based upon to the price in Toongabbie (suburbs), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is . During November the price went through a considerable rise reaching $162,500. During the following two months (December, January) the average price had a considerable increase of 306 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 87 %, going from $165,000 to $143,125 in February and March.