The prices in real estate in Hoppers Crossing, in the Victoria region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per m² in Hoppers Crossing has increased during the last 6 months. In October, the average price per m² was $369. In November this price pretty much remained the same at a value of $366 per m². The price for the following two months in (December, January) decreased 90 % with regard to the prior two months. The price per m² has had a considerable increase of 144 % 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 $349.25 to $504.5 during February, and March.
Based upon to the price in Hoppers Crossing (suburbs), these have remained the same in the last 6 months. In our first sample month during October, the average price is $452,020. In November This price remains at $444,250. During the following two months (December, January) the average price had a considerable reduction of 84 % 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 risen strongly 132 % during the last two months.