Property prices for sale in Kawau Island (Auckland)
The prices in real estate in Kawau Island, in the Auckland 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 Kawau Island has had a strong decrease during the last 6 months. In November, the average price per m² was $9,613. In the following month the price per m² decreased to $8,557. The price for the following two months in (January, February) had a considerable decrease of 52 with regard to the prior two months. 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 $6,917 to $4,672.5 during March, and April.
Based upon to the price in Kawau Island (suburbs), this has fallen considerably in the last 6 months. The average price for November is $1,088,000. During December the price had a considerable reduction till $897,143. During the following two months (January, February) the average price had a considerable reduction of 48 % 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 $736,285.75 to $477,444.5, which means a 65 % fall.
