Property prices for sale in Kinglake (Victoria)
The prices in real estate in Kinglake, in the Victoria region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per m² in Kinglake has fallen in the last 6 months. In November, the average price per m² was $495. In the following month the price per m² increased to $565. The price for the following two months in (January, February) had a considerable increment of 119 %. The price per m² has had a considerable deflation of 28 % 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 $580 to $160.5 during March, and April.
Based upon to the price in Kinglake (suburbs), this has gone up in the last 6 months. The price in November is $539,997, rising in December till $608,945. During the following two months (January, February) the average price had a considerable increase of 141 % 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 $690,985.5 to $309,166.5, which means a 45 % fall.
