Property prices for sale in Mansfield (Victoria)
The prices in real estate in Mansfield, in the Victoria region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per m² in Mansfield has fallen in the last 6 months. In October, the average price per m² was $477. In November this price pretty much remained the same at a value of $484 per m². The price for the following two months in (December, January) decreased 91 % with regard to the prior two months. The price per m² has had a considerable deflation of 73 % 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 $459.5 to $337.5 during February, and March.
Based upon to the price in Mansfield (suburbs), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $533,333. In November This price remains at $534,270. During the following two months (December, January) the average price had a considerable reduction of 75 % 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 $465,820.25 to $326,049.5, which means a 70 % fall.
