Property prices for sale in Mount Waverley (Victoria)
The prices in real estate in Mount Waverley, in the Victoria region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per m² in Mount Waverley has had a strong decrease during the last 6 months. In October, the average price per m² was $2,795. In the following month the price per m² decreased to $2,606. The price for the following two months in (December, January) had a considerable decrease of 38 with regard to the prior two months. The price per m² has had a considerable deflation of 46 % 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 $1,860.75 to $847 during February, and March.
Based upon to the price in Mount Waverley (suburbs), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $1,474,233. In November This price remains at $1,408,419. During the following two months (December, January) the average price had a considerable reduction of 55 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $1,117,413 to $429,165.5, which means a 38 % fall.
