Property prices for sale in Werribee (Victoria)
The prices in real estate in Werribee, in the Victoria region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per m² in Werribee has had a strong decrease during the last 6 months. In October, the average price per m² was $1,222. In the following month the price per m² decreased considerably to $611. The price for the following two months in (December, January) had a considerable increment of 127 %. The price per m² has had a considerable deflation of 74 % 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 $1,042 to $767.5 during February, and March.
Based upon to the price in Werribee (suburbs), this has gone downing the last 6 months. The average price for October is $473,919. During November the price had a considerable reduction till $261,617. During the following two months (December, January) the average price had a considerable increase of 143 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $446,867.75 to $357,171.5, which means a 80 % fall.
