The prices in real estate in Shepparton, 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 Shepparton has increased strongly during the last 6 months. In October, the average price per m² was $386. In November this price pretty much remained the same at a value of $385 per m². In the following two months the price per m² has increased 115 %, going from $385.5 to $443 per m². The price per m² has had a considerable increase of 123 % 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 $414.25 to $510.5 during February, and March.
Based upon to the price in Shepparton (suburbs), these have remained the same in the last 6 months. In our first sample month during October, the average price is $424,551. In November This price remains at $420,631. During the following two months (December, January) the price has had an average incrementation from $422,591 to $444,206. 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 $433,398.5 and $435,776.5 between February and March.