The prices in real estate in Ivanhoe, 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 Ivanhoe has increased strongly during the last 6 months. In March, the average price per m² was . In the following month the price per m² increased considerably to $3,164. The price for the following two months in (May, June) had a considerable decrease of 81 with regard to the prior two months. The price per m² has had a considerable deflation of 0 % 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 $1,431.5 to during July, and August.
Based upon to the price in Ivanhoe (suburbs), this has gone up considerably in the last 6 months. The average price during our first sample month during March, is . During April the price went through a considerable rise reaching $1,846,429. In the following two months the average price has remained the same with regard to the previous two months from $923,214.5 to $940,833.5. During the last two months the average price has had a strong fall compared to the previous four going from $932,024 to , which means a 0 % fall.