The prices in real estate in Heidelberg, 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 Heidelberg has increased strongly during the last 6 months. In November, the average price per m² was . In the following month the price per m² increased considerably to $906. The price for the following two months in (January, February) decreased 89 % with regard to the prior two months. The price per m² has had a considerable increase of 191 % 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 $427.5 to $814.5 during March, and April.
Based upon to the price in Heidelberg (suburbs), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is . During December the price went through a considerable rise reaching $616,250. In the following two months the average price has remained the same with regard to the previous two months from $308,125 to $308,083.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 197 % during the last two months.