The prices in real estate in Bulleen, 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 Bulleen has fallen in the last 6 months. In October, the average price per m² was $642. In the following month the price per m² increased considerably to $968. The price for the following two months in (December, January) had a considerable decrease of 38 with regard to the prior two months. The price per m² has had a considerable increase of 129 % 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 $554 to $713.5 during February, and March.
Based upon to the price in Bulleen (suburbs), this has gone downing the last 6 months. The average price during our first sample month during October, is $527,500. During November the price went through a considerable rise reaching $713,692. During the following two months (December, January) the average price had a considerable reduction of 36 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 141 % during the last two months.