Property prices for sale in Metung (Victoria)
The prices in real estate in Metung, 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 Metung has increased strongly during the last 6 months. In October, the average price per m² was $296. In the following month the price per m² decreased to $263. The price for the following two months in (December, January) had a considerable increment of 117 %. The price per m² has had a considerable increase of 145 % 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 $303.25 to $439 during February, and March.
Based upon to the price in Metung (suburbs), this has gone up in the last 6 months. In our first sample month during October, the average price is $441,122. In November This price remains at $421,772. During the following two months (December, January) the price has had an average incrementation from $431,447 to $489,624.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 117 % during the last two months.
