The prices in real estate in Diamond Creek, 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 Diamond Creek has increased strongly during the last 6 months. In November, the average price per m² was $1,088. In the following month the price per m² decreased considerably to $466. The price for the following two months in (January, February) had a considerable decrease of 81 with regard to the prior two months. The price per m² has had a considerable increase of 6233 % 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 $705 to $43,939.5 during March, and April.
Based upon to the price in Diamond Creek (suburbs), these have remained the same in the last 6 months. The average price for November is $756,452. During December the price had a slight fall till $661,306. In the following two months the average price has remained the same with regard to the previous two months from $708,879 to $723,923. Based on an analysis of the first four prices and the last two months the average price has risen strongly 123 % during the last two months.