The prices in real estate in Wirlinga, 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 Wirlinga has increased strongly during the last 6 months. In November, the average price per m² was . In the following month the price per m² increased considerably to $13,396. The price for the following two months in (January, February) had a considerable increment of 203 %. The price per m² has had a considerable deflation of 8 % 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 $10,142.75 to $827 during March, and April.
Based upon to the price in Wirlinga (suburbs), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is . During December the price went through a considerable rise reaching $778,750. During the following two months (January, February) the average price had a considerable increase of 211 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $605,854.25 to $357,166.5, which means a 59 % fall.