The prices in real estate in Eltham, 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 Eltham has fallen in the last 6 months. In November, the average price per m² was $1,275. In the following month the price per m² decreased considerably to $879. In the following two months the price per m² has barely changed, going from $1,077 to $1,060.5 per m². The price per m² has had a considerable increase of 134 % 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 $1,068.75 to $1,436.5 during March, and April.
Based upon to the price in Eltham (suburbs), this has gone up considerably in the last 6 months. The average price for November is $857,492. During December the price had a slight fall till $795,500. During the following two months (January, February) the average price had a considerable increase of 135 % 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 135 % during the last two months.