Property prices for sale in Patterson Lakes (Victoria)
The prices in real estate in Patterson Lakes, in the Victoria region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per m² in Patterson Lakes has fallen in the last 6 months. In November, the average price per m² was $1,264. In December this price pretty much remained the same at a value of $1,280 per m². The price for the following two months in (January, February) had a considerable decrease of 80 with regard to the prior two months. The price per m² has decreased 93 % 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 $1,146.5 to $1,066.5 during March, and April.
Based upon to the price in Patterson Lakes (suburbs), this has fallen considerably in the last 6 months. The average price for November is $1,334,996. During December the price had a slight fall till $1,237,497. During the following two months (January, February) the average price had a considerable reduction of 81 % 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 $1,161,852.25 to $950,215.5, which means a 82 % fall.
