Property prices for sale in Wakefield (Nelson Bays)
The prices in real estate in Wakefield, 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 Wakefield has increased strongly during the last 6 months. In November, the average price per m² was $5,344. In the following month the price per m² increased to $5,713. In the following two months the price per m² has increased 107 %, going from $5,528.5 to $5,903.5 per m². The price per m² has had a considerable increase of 116 % 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 $5,716 to $6,638.5 during March, and April.
Based upon to the price in Wakefield (suburbs), this has gone up in the last 6 months. In our first sample month during November, the average price is $967,347. In December This price remains at $973,288. During the following two months (January, February) the price has had an average incrementation from $970,317.5 to $1,068,881. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.
