Property prices for sale in Sydenham (Victoria)
The prices in real estate in Sydenham, in the Victoria 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 Sydenham has increased strongly during the last 6 months. In October, the average price per m² was $268. In the following month the price per m² increased considerably to $315. The price for the following two months in (December, January) had a considerable increment of 149 %. The price per m² has had a considerable increase of 122 % 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 $363.5 to $443 during February, and March.
Based upon to the price in Sydenham (suburbs), this has gone up in the last 6 months. The price in October is $410,556, rising in November till $444,400. During the following two months (December, January) the average price had a considerable increase of 120 % 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 $469,474.75 to $384,271, which means a 82 % fall.
