Property prices for sale in Stratford (Victoria)
The prices in real estate in Stratford, 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 Stratford has had a strong decrease during the last 6 months. In October, the average price per m² was $449. In November this price pretty much remained the same at a value of $448 per m². The price for the following two months in (December, January) decreased 85 % with regard to the prior two months. The price per m² has had a considerable deflation of 44 % 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 $415.75 to $183.5 during February, and March.
Based upon to the price in Stratford (suburbs), this has fallen considerably in the last 6 months. The price in October is $534,875, rising in November till $600,590. During the following two months (December, January) 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 $512,871.25 to $247,479, which means a 48 % fall.
