Property prices for sale in Hira (Nelson Bays)
The prices in real estate in Hira, in the Nelson Bays 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 Hira has had a strong decrease during the last 6 months. In November, the average price per m² was $5,481. In the following month the price per m² decreased considerably to $4,507. The price for the following two months in (January, February) had a considerable decrease of 43 with regard to the prior two months. The price per m² has decreased 89 % 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 $3,578.5 to $3,202 during March, and April.
Based upon to the price in Hira (suburbs), this has fallen considerably in the last 6 months. The average price for November is $1,298,400. During December the price had a slight fall till $1,173,000. During the following two months (January, February) the average price had a considerable reduction of 47 % 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 $906,037.5 to $510,875, which means a 56 % fall.
