Property prices for sale in Moonee Ponds (Victoria)

The price per m² in Moonee Ponds has had a strong decrease during the last 6 months. In October, the average price per m² was $1,107. In November this price pretty much remained the same at a value of $1,061 per m². The price for the following two months in (December, January) had a considerable decrease of 84 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 $998 to $815.5 during February, and March.

Based upon to the price in Moonee Ponds (suburbs), these have remained the same in the last 6 months. In our first sample month during October, the average price is $651,878. In November This price remains at $634,800. During the following two months (December, January) the average price fell 86 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 127 % during the last two months.