The prices in real estate in Baranduda, in the Victoria region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per m² in Baranduda has fallen in the last 6 months. In November, the average price per m² was $752. In the following month the price per m² decreased considerably to $593. The price for the following two months in (January, February) had a considerable increment of 174 %. The price per m² has had a considerable deflation of 29 % 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 $921 to $269.5 during March, and April.
Based upon to the price in Baranduda (suburbs), this has gone downing the last 6 months. The average price for November is $610,240. During December the price had a slight fall till $577,091. During the following two months (January, February) the average price had a considerable increase of 135 % 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 $698,433.75 to $313,687.5, which means a 45 % fall.