Property prices for sale in Korumburra (Victoria)
The prices in real estate in Korumburra, 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 Korumburra has increased strongly during the last 6 months. In October, the average price per m² was $497. In the following month the price per m² decreased to $460. The price for the following two months in (December, January) had a considerable increment of 925 %. The price per m² has had a considerable increase of 231 % 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 $2,451.75 to $5,659 during February, and March.
Based upon to the price in Korumburra (suburbs), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $501,656. In November This price remains at $477,940. During the following two months (December, January) the average price had a considerable increase of 125 % 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 161 % during the last two months.
