Property prices for sale in Ormond (Victoria)
The prices in real estate in Ormond, in the Victoria region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per m² in Ormond has remained the same in the last 6 months. In October, the average price per m² was $793. In the following month the price per m² increased considerably to $951. The price for the following two months in (December, January) had a considerable decrease of 72 with regard to the prior two months. The price per m² has had a considerable increase of 115 % 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 $750.25 to $865.5 during February, and March.
Based upon to the price in Ormond (suburbs), this has gone up in the last 6 months. The price in October is $485,778, rising in November till $552,200. During the following two months (December, January) the average price had a considerable reduction of 82 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 145 % during the last two months.
