Property prices for sale in Melton (Victoria)

The price per m² in Melton has increased strongly during the last 6 months. In October, the average price per m² was $395. In November this price pretty much remained the same at a value of $395 per m². The price for the following two months in (December, January) had a considerable increment of 149 %. The price per m² has had a considerable deflation of 81 % 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 $492.25 to $397 during February, and March.

Based upon to the price in Melton (suburbs), these have remained the same in the last 6 months. In our first sample month during October, the average price is $407,321. In November This price remains at $407,321. During the following two months (December, January) the price has had an average incrementation from $407,321 to $433,312.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $420,316.75 to $393,161.5 in February and March.