The prices in real estate in Marong, 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 Marong has fallen in the last 6 months. In October, the average price per m² was $807. In the following month the price per m² increased considerably to $969. The price for the following two months in (December, January) had a considerable decrease of 75 with regard to the prior two months. The price per m² has had a considerable deflation of 82 % 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 $777 to $639.5 during February, and March.
Based upon to the price in Marong (suburbs), this has gone up in the last 6 months. In our first sample month during October, the average price is $589,456. In November This price remains at $610,628. During the following two months (December, January) the price has had an average incrementation from $600,042 to $688,103. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $644,072.5 and $637,975.5 between February and March.