Property prices for sale in Heywood (Victoria)
The prices in real estate in Heywood, in the Victoria region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per m² in Heywood has had a strong decrease during the last 6 months. In November, the average price per m² was $323. In the following month the price per m² decreased considerably to $250. In the following two months the price per m² has increased 108 %, going from $286.5 to $309.5 per m². The price per m² has had a considerable deflation of 62 % 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 $298 to $186 during March, and April.
Based upon to the price in Heywood (suburbs), this has gone downing the last 6 months. In our first sample month during November, the average price is $355,000. In December This price remains at $356,450. During the following two months (January, February) the average price had a considerable increase of 121 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $392,897 to $186,125, which means a 47 % fall.
