Property prices for sale in Olinda (Victoria)
The prices in real estate in Olinda, 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 Olinda has increased strongly during the last 6 months. In November, the average price per m² was $670. In December this price pretty much remained the same at a value of $696 per m². In the following two months the price per m² has increased 112 %, going from $683 to $768 per m². The price per m² has had a considerable increase of 128 % 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 $725.5 to $931.5 during March, and April.
Based upon to the price in Olinda (suburbs), this has gone up in the last 6 months. The price in November is $834,432, rising in December till $918,809. During the following two months (January, February) the average price had a considerable increase of 121 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 86 %, going from $966,977 to $828,500 in March and April.
