Property prices for sale in Bass (Victoria)
The prices in real estate in Bass, 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 Bass has had a strong decrease during the last 6 months. In October, the average price per m² was $358. In November this price pretty much remained the same at a value of $358 per m². In the following two months the price per m² has barely changed, going from $358 to $364 per m². The price per m² has had a considerable deflation of 51 % 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 $361 to $185 during February, and March.
Based upon to the price in Bass (suburbs), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $490,809. In November This price remains at $490,809. During the following two months (December, January) the average price had a considerable reduction of 81 % 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 $443,106.75 to $150,000, which means a 34 % fall.
