The prices in real estate in Braybrook, 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 Braybrook has increased strongly during the last 6 months. In October, the average price per m² was $1,206. In the following month the price per m² decreased to $1,125. In the following two months the price per m² has increased 109 %, going from $1,165.5 to $1,269.5 per m². The price per m² has had a considerable increase of 142 % 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 $1,217.5 to $1,729 during February, and March.
Based upon to the price in Braybrook (suburbs), these have remained the same in the last 6 months. In our first sample month during October, the average price is $562,713. In November This price remains at $566,051. During the following two months (December, January) the price has had an average incrementation from $564,382 to $602,392. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $583,387 to $548,291.5 in February and March.