Property prices for sale in Malmsbury (Victoria)
The prices in real estate in Malmsbury, 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 Malmsbury has increased strongly during the last 6 months. In November, the average price per m² was $439. In the following month the price per m² increased considerably to $625. The price for the following two months in (January, February) had a considerable increment of 154 %. The price per m² has had a considerable increase of 1282 % 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 $675.5 to $8,662 during March, and April.
Based upon to the price in Malmsbury (suburbs), this has gone up in the last 6 months. The average price during our first sample month during November, is $532,095. During December the price went through a considerable rise reaching $623,192. During the following two months (January, February) the average price had a considerable increase of 122 % 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 $642,103.5 to $455,000, which means a 71 % fall.
