Property prices for sale in Stuart Mill (Victoria)
The prices in real estate in Stuart Mill, 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 Stuart Mill has had a strong decrease during the last 6 months. In November, the average price per m² was $578. In the following month the price per m² decreased considerably to $457. The price for the following two months in (January, February) decreased 89 % with regard to the prior two months. The price per m² has had a considerable deflation of 64 % 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 $488.25 to $314.5 during March, and April.
Based upon to the price in Stuart Mill (suburbs), this has fallen considerably in the last 6 months. The average price for November is $539,969. During December the price had a considerable reduction till $385,818. During the following two months (January, February) the average price had a considerable reduction of 61 % 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 $371,783.5 to $160,341, which means a 43 % fall.
