The prices in real estate in Winston Hills, 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 Winston Hills has had a strong decrease during the last 6 months. In November, the average price per m² was $909. In December this price pretty much remained the same at a value of $922 per m². The price for the following two months in (January, February) decreased 94 % with regard to the prior two months. 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 $886 to during March, and April.
Based upon to the price in Winston Hills (suburbs), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $621,492. In December This price remains at $631,438. In the following two months the average price has remained the same with regard to the previous two months from $626,465 to $631,961. During the last two months the average price has had a strong fall compared to the previous four going from $629,213 to , which means a 0 % fall.