The prices in real estate in Greenvale, 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 Greenvale has increased strongly during the last 6 months. In October, the average price per m² was $283. In November this price pretty much remained the same at a value of $284 per m². The price for the following two months in (December, January) had a considerable increment of 130 %. The price per m² has had a considerable increase of 213 % 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 $326.25 to $695.5 during February, and March.
Based upon to the price in Greenvale (suburbs), this has gone up in the last 6 months. The average price for October is $343,057. During November the price had a slight fall till $308,544. In the following two months the average price has remained the same with regard to the previous two months from $325,800.5 to $326,151.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 138 % during the last two months.