The prices in real estate in Mount Eliza, 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 Mount Eliza has increased strongly during the last 6 months. In October, the average price per m² was $1,091. In the following month the price per m² increased to $1,237. The price for the following two months in (December, January) had a considerable increment of 185 %. The price per m² has barely changed in the last two months compared to the average price of the previous four months going from an average price of $1,657.25 to $1,578.5 during February y March
Based upon to the price in Mount Eliza (suburbs), this has gone up considerably in the last 6 months. The price in October is $1,331,125, rising in November till $1,453,908. During the following two months (December, January) the average price had a considerable increase of 147 % 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 158 % during the last two months.