Property prices for sale in Fawkner (Victoria)
The prices in real estate in Fawkner, 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 Fawkner has fallen in the last 6 months. In October, the average price per m² was $947. In the following month the price per m² decreased to $827. In the following two months the price per m² has increased 109 %, going from $887 to $966 per m². The price per m² has had a considerable deflation of 73 % 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 $926.5 to $673.5 during February, and March.
Based upon to the price in Fawkner (suburbs), this has gone downing the last 6 months. In our first sample month during October, the average price is $496,430. In November This price remains at $494,561. During the following two months (December, January) the average price fell 87 % 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 gone up 105 % during the last two months.
