Property prices for sale in Kilmore (Victoria)
The prices in real estate in Kilmore, 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 Kilmore has had a strong decrease during the last 6 months. In October, the average price per m² was $915. In the following month the price per m² increased to $1,048. The price for the following two months in (December, January) had a considerable decrease of 66 with regard to the prior two months. The price per m² has had a considerable deflation of 83 % 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 $815.5 to $675.5 during February, and March.
Based upon to the price in Kilmore (suburbs), this has gone up in the last 6 months. In our first sample month during October, the average price is $575,097. In November This price remains at $595,601. In the following two months the average price has remained the same with regard to the previous two months from $585,349 to $593,187. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.
