The prices in real estate in Kalkallo, 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 Kalkallo has increased strongly during the last 6 months. In October, the average price per m² was $257. In the following month the price per m² increased to $279. The price for the following two months in (December, January) had a considerable decrease of 45 with regard to the prior two months. The price per m² has had a considerable increase of 1054 % 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 $194 to $2,045.5 during February, and March.
Based upon to the price in Kalkallo (suburbs), this has gone up considerably in the last 6 months. The price in October is $326,693, rising in November till $350,880. During the following two months (December, January) the average price had a considerable reduction of 46 % 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 270 % during the last two months.