The prices in real estate in Gordon, 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 Gordon has increased strongly during the last 6 months. In October, the average price per m² was $346. In the following month the price per m² increased considerably to $402. The price for the following two months in (December, January) had a considerable increment of 151 %. The price per m² has had a considerable increase of 146 % 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 $468.75 to $686 during February, and March.
Based upon to the price in Gordon (suburbs), this has gone up considerably in the last 6 months. The price in October is $504,957, rising in November till $553,560. During the following two months (December, January) the price has had an average incrementation from $529,258.5 to $601,854. Based on an analysis of the first four prices and the last two months the average price has gone up 107 % during the last two months.