The prices in real estate in Donnybrook, 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 Donnybrook has increased strongly during the last 6 months. In November, the average price per m² was $285. In the following month the price per m² increased to $306. The price for the following two months in (January, February) had a considerable increment of 216 %. The price per m² has had a considerable increase of 266 % 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 $467.25 to $1,243.5 during March, and April.
Based upon to the price in Donnybrook (suburbs), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is $321,954. In December This price remains at $318,666. During the following two months (January, February) the average price had a considerable increase of 136 % 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 149 % during the last two months.