Property prices for sale in Nicholson (Victoria)
The prices in real estate in Nicholson, 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 Nicholson has increased strongly during the last 6 months. In November, the average price per m² was $238. In the following month the price per m² increased considerably to $323. The price for the following two months in (January, February) had a considerable increment of 138 %. The price per m² has had a considerable deflation of 71 % 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 $334 to $237 during March, and April.
Based upon to the price in Nicholson (suburbs), this has gone downing the last 6 months. The price in November is $482,458, rising in December till $535,771. During the following two months (January, February) the price has had an average incrementation from $509,114.5 to $566,691.5. During the last two months the average price has had a strong fall compared to the previous four going from $537,903 to $291,666.5, which means a 54 % fall.
