The prices in real estate in Worrowing 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 Worrowing Heights has had a strong decrease during the last 6 months. In November, the average price per m² was $1,557. In the following month the price per m² decreased considerably to $589. The price for the following two months in (January, February) had a considerable decrease of 66 with regard to the prior two months. The price per m² has had a considerable increase of 140 % 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 $888.75 to $1,245.5 during March, and April.
Based upon to the price in Worrowing Heights (suburbs), this has fallen considerably in the last 6 months. The average price for November is $791,250. During December the price had a considerable reduction till $544,044. During the following two months (January, February) the average price fell 90 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 113 % during the last two months.