Property prices for sale in Downer (Australian Capital Territory)
The prices in real estate in Downer, in the Australian Capital Territory 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 Downer has increased strongly during the last 6 months. In October, the average price per m² was $397. In November this price pretty much remained the same at a value of $404 per m². The price for the following two months in (December, January) had a considerable increment of 155 %. The price per m² has increased 107 % 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 $511 to $545.5 during February, and March.
Based upon to the price in Downer (suburbs), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $280,531. In November This price remains at $291,447. During the following two months (December, January) the average price had a considerable increase of 182 % 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 128 % during the last two months.
