Property prices for sale in Young (New South Wales)
The prices in real estate in Young, 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 Young has increased strongly during the last 6 months. In October, the average price per m² was $16,391. In the following month the price per m² decreased considerably to $8,068. The price for the following two months in (December, January) had a considerable increment of 300 %. The price per m² has had a considerable deflation of 68 % 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 $24,437.75 to $16,521.5 during February, and March.
Based upon to the price in Young (suburbs), this has gone downing the last 6 months. The price in October is $537,538, rising in November till $566,455. During the following two months (December, January) the average price had a considerable increase of 117 % 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 $599,851 to $261,571.5, which means a 44 % fall.
