Property prices for sale in San Remo (Victoria)

The price per m² in San Remo has fallen in the last 6 months. In October, the average price per m² was $440. In November this price pretty much remained the same at a value of $427 per m². The price for the following two months in (December, January) had a considerable decrease of 52 with regard to the prior two months. The price per m² has had a considerable increase of 161 % 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 $328.75 to $528 during February, and March.

Based upon to the price in San Remo (suburbs), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $685,672. In November This price remains at $671,267. During the following two months (December, January) the average price had a considerable reduction of 49 % 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 $504,962.25 to $348,666.5, which means a 69 % fall.