Property prices for sale in New Gisborne (Victoria)
The prices in real estate in New Gisborne, 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 New Gisborne has increased strongly during the last 6 months. In October, the average price per m² was $862. In November this price pretty much remained the same at a value of $843 per m². The price for the following two months in (December, January) had a considerable increment of 6486 %. The price per m² has had a considerable deflation of 3 % 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 $28,074 to $760.5 during February, and March.
Based upon to the price in New Gisborne (suburbs), this has fallen considerably in the last 6 months. The average price for October is $910,601. During November the price had a slight fall till $864,171. During the following two months (December, January) the price has had an average incrementation from $887,386 to $961,556. During the last two months the average price has had a strong fall compared to the previous four going from $924,471 to $444,500, which means a 48 % fall.
