The prices in real estate in Ocean Grove, 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 Ocean Grove has increased strongly during the last 6 months. In October, the average price per m² was $909. In the following month the price per m² increased to $996. In the following two months the price per m² has increased 112 %, going from $952.5 to $1,067 per m². The price per m² has increased 110 % 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 $1,009.75 to $1,109.5 during February, and March.
Based upon to the price in Ocean Grove (suburbs), this has gone up in the last 6 months. The price in October is $993,969, rising in November till $1,050,359. In the following two months the average price has remained the same with regard to the previous two months from $1,022,164 to $1,072,131. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $1,047,147.5 and $1,091,076 between February and March.