Property prices for sale in Melton South (Victoria)

The prices in real estate in Melton South, 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.

$498,753.17
Average price last 6 months
$934
Price/m² last 6 months
Average price per m2

The price per m² in Melton South has increased strongly during the last 6 months. In September, the average price per m² was $289. In the following month the price per m² increased considerably to $1,519. The price for the following two months in (November, December) had a considerable increment of 135 %. The price per m² has had a considerable deflation of 64 % 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 $1,062.5 to $677 during January, and February.

Average price

Based upon to the price in Melton South (suburbs), this has gone up considerably in the last 6 months. The average price during our first sample month during September, is $253,000. During October the price went through a considerable rise reaching $626,049. During the following two months (November, December) the average price had a considerable increase of 127 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $498,051.75 and $500,156 between January and February.

Charts data
Average price February
Average price per m² February
Number of properties used in Melton South
Number of properties used in region Victoria
$537,206
$719
264
370,584
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value