Property prices for sale in Nunawading (Victoria)
The prices in real estate in Nunawading, 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 Nunawading has increased strongly during the last 6 months. In November, the average price per m² was $510. In the following month the price per m² increased considerably to $599. The price for the following two months in (January, February) had a considerable increment of 164 %. The price per m² has had a considerable deflation of 81 % 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 $732.25 to $594 during March, and April.
Based upon to the price in Nunawading (suburbs), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $458,636. During December the price went through a considerable rise reaching $589,000. During the following two months (January, February) the average price had a considerable increase of 149 % 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 $652,671.75 to $469,108.5, which means a 72 % fall.
