Property prices for sale in Port Vincent (South Australia)
The prices in real estate in Port Vincent, in the South Australia 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 Port Vincent has increased strongly during the last 6 months. In October, the average price per m² was $32. In the following month the price per m² increased considerably to $92. The price for the following two months in (December, January) had a considerable increment of 159 %. The price per m² has had a considerable deflation of 78 % 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 $80.25 to $62.5 during February, and March.
Based upon to the price in Port Vincent (suburbs), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $112,222. During November the price went through a considerable rise reaching $151,000. During the following two months (December, January) the average price had a considerable increase of 145 % 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 $161,430.5 to $84,166.5, which means a 52 % fall.
