Property prices for sale in Briar Hill (Victoria)
The prices in real estate in Briar Hill, 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 Briar Hill has had a strong decrease during the last 6 months. In November, the average price per m² was $1,502. In the following month the price per m² decreased considerably to $1,192. The price for the following two months in (January, February) had a considerable decrease of 74 with regard to the prior two months. The price per m² has had a considerable increase of 130 % 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 $1,174.25 to $1,532 during March, and April.
Based upon to the price in Briar Hill (suburbs), this has gone up in the last 6 months. The price in November is $855,000, rising in December till $929,000. In the following two months the average price has remained the same with regard to the previous two months from $892,000 to $912,088. Based on an analysis of the first four prices and the last two months the average price has gone up 113 % during the last two months.
