Property prices for sale in Lower Plenty (Victoria)

The price per m² in Lower Plenty has increased strongly during the last 6 months. In October, the average price per m² was $1,992. In the following month the price per m² decreased considerably to $1,636. The price for the following two months in (December, January) had a considerable increment of 168 %. The price per m² has decreased 93 % 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 $2,428 to $2,254 during February, and March.

Based upon to the price in Lower Plenty (suburbs), this has fallen considerably in the last 6 months. The average price during our first sample month during October, is $2,004,375. During November the price went through a considerable rise reaching $2,467,143. During the following two months (December, January) the average price had a considerable reduction of 70 % 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 $1,898,892 to $967,387.5, which means a 51 % fall.