Property prices for sale in Balwyn North (Victoria)
The prices in real estate in Balwyn North, in the Victoria 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 Balwyn North has increased strongly during the last 6 months. In October, the average price per m² was $763. In the following month the price per m² increased to $875. The price for the following two months in (December, January) had a considerable decrease of 69 with regard to the prior two months. The price per m² has had a considerable increase of 287 % 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 $690.5 to $1,984 during February, and March.
Based upon to the price in Balwyn North (suburbs), these have remained the same in the last 6 months. The average price during our first sample month during October, is $993,208. During November the price went through a considerable rise reaching $1,143,250. During the following two months (December, January) the average price had a considerable reduction of 62 % 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 risen strongly 138 % during the last two months.
