Property prices for sale in Loch Sport (Victoria)
The prices in real estate in Loch Sport, 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 Loch Sport has increased strongly during the last 6 months. In November, the average price per m² was $291. In December this price pretty much remained the same at a value of $289 per m². The price for the following two months in (January, February) had a considerable increment of 285 %. The price per m² has had a considerable deflation of 65 % 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 $557.75 to $364.5 during March, and April.
Based upon to the price in Loch Sport (suburbs), this has gone up in the last 6 months. In our first sample month during November, the average price is $310,356. In December This price remains at $308,244. During the following two months (January, February) the average price had a considerable increase of 157 % 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 $397,370.25 to $242,300, which means a 61 % fall.
