The prices in real estate in Marybank, in the Nelson Bays 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 Marybank has increased strongly during the last 6 months. In November, the average price per m² was $5,164. In December this price pretty much remained the same at a value of $5,360 per m². The price for the following two months in (January, February) had a considerable increment of 121 %. The price per m² has barely changed in the last two months compared to the average price of the previous four months going from an average price of $5,814.5 to $5,895 during March y April
Based upon to the price in Marybank (suburbs), these have remained the same in the last 6 months. The price in November is $972,000, rising in December till $1,086,000. During the following two months (January, February) the average price had a considerable reduction of 79 % 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 108 % during the last two months.