Property prices for sale in Rowville (Victoria)
The prices in real estate in Rowville, in the Victoria region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per m² in Rowville has had a strong decrease during the last 6 months. In October, the average price per m² was $725. In the following month the price per m² decreased considerably to $590. The price for the following two months in (December, January) had a considerable decrease of 83 with regard to the prior two months. The price per m² has increased 113 % 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 $601.5 to $681 during February, and March.
Based upon to the price in Rowville (suburbs), this has fallen considerably in the last 6 months. The average price for October is $787,224. During November the price had a considerable reduction till $653,335. During the following two months (December, January) the average price had a considerable reduction of 83 % 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 gone up 108 % during the last two months.
