The prices in real estate in Kyneton, in the Victoria region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per m² in Kyneton has increased during the last 6 months. In November, the average price per m² was $852. In December this price pretty much remained the same at a value of $854 per m². In the following two months the price per m² has barely changed, going from $853 to $850.5 per m². The price per m² has had a considerable increase of 122 % 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 $851.75 to $1,041 during March, and April.
Based upon to the price in Kyneton (suburbs), this has gone up in the last 6 months. In our first sample month during November, the average price is $820,114. In December This price remains at $815,926. During the following two months (January, February) the average price had a considerable increase of 121 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $905,194 to $854,466.5 in March and April.