The prices in real estate in Mount Barker, in the South Australia 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 Mount Barker has increased strongly during the last 6 months. In September, the average price per m² was $313. In the following month the price per m² increased considerably to $734. The price for the following two months in (November, December) had a considerable increment of 177 %. The price per m² has had a considerable increase of 190 % 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 $726.25 to $1,383 during January, and February.
Based upon to the price in Mount Barker (suburbs), this has gone up considerably in the last 6 months. The average price during our first sample month during September, is $412,361. During October the price went through a considerable rise reaching $526,875. During the following two months (November, December) the average price had a considerable increase of 122 % 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 134 % during the last two months.