Property prices for sale in Corinella (Victoria)
The prices in real estate in Corinella, 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 Corinella has fallen in the last 6 months. In November, the average price per m² was $1,070. In the following month the price per m² increased considerably to $1,359. The price for the following two months in (January, February) had a considerable decrease of 83 with regard to the prior two months. The price per m² has had a considerable deflation of 65 % 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 $1,111 to $722.5 during March, and April.
Based upon to the price in Corinella (suburbs), this has fallen considerably in the last 6 months. The price in November is $794,500, rising in December till $903,250. During the following two months (January, February) the average price fell 90 % 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 $807,762.5 to $405,312.5, which means a 50 % fall.
