Property prices for sale in Mckenzie Hill (Victoria)
The prices in real estate in Mckenzie Hill, 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 Mckenzie Hill has increased strongly during the last 6 months. In November, the average price per m² was $623. In the following month the price per m² increased to $659. The price for the following two months in (January, February) had a considerable increment of 205 %. The price per m² has had a considerable deflation of 54 % 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 $978 to $528 during March, and April.
Based upon to the price in Mckenzie Hill (suburbs), this has gone downing the last 6 months. The price in November is $664,600, rising in December till $709,679. In the following two months the average price has remained the same with regard to the previous two months from $687,139.5 to $680,000. During the last two months the average price has had a strong fall compared to the previous four going from $683,569.75 to $444,361, which means a 65 % fall.
