Property prices for sale in Wallerawang (New South Wales)
The prices in real estate in Wallerawang, 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 Wallerawang has had a strong decrease during the last 6 months. In November, the average price per m² was $490. In December this price pretty much remained the same at a value of $500 per m². The price for the following two months in (January, February) had a considerable decrease of 81 with regard to the prior two months. The price per m² has had a considerable deflation of 32 % 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 $449 to $142.5 during March, and April.
Based upon to the price in Wallerawang (suburbs), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $469,625. In December This price remains at $481,517. In the following two months the average price has remained the same with regard to the previous two months from $475,571 to $471,786. During the last two months the average price has had a strong fall compared to the previous four going from $473,678.5 to $214,833.5, which means a 45 % fall.
