The prices in real estate in Wheeler Heights, 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 Wheeler Heights has had a strong decrease during the last 6 months. In October, the average price per m² was $897. In November this price pretty much remained the same at a value of $897 per m². In the following two months the price per m² has barely changed, going from $897 to $896.5 per m². The price per m² has had a considerable deflation of 0 % 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 $896.75 to during February, and March.
Based upon to the price in Wheeler Heights (suburbs), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $885,833. In November This price remains at $885,833. In the following two months the average price has remained the same with regard to the previous two months from $885,833 to $885,390. During the last two months the average price has had a strong fall compared to the previous four going from $885,611.5 to , which means a 0 % fall.