The prices in real estate in Tarneit, in the Victoria region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per m² in Tarneit has increased during the last 6 months. In October, the average price per m² was $1,630. In the following month the price per m² decreased to $1,439. In the following two months the price per m² has increased 111 %, going from $1,534.5 to $1,706 per m². The price per m² has had a considerable increase of 121 % 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 $1,620.25 to $1,967.5 during February, and March.
Based upon to the price in Tarneit (suburbs), this has gone up in the last 6 months. The average price for October is $607,925. During November the price had a slight fall till $541,649. During the following two months (December, January) the average price had a considerable increase of 115 % 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 gone up 114 % during the last two months.