Property prices for sale in Templestowe Lower (Victoria)
The prices in real estate in Templestowe Lower, 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 Templestowe Lower has increased strongly during the last 6 months. In October, the average price per m² was $465. In the following month the price per m² increased considerably to $747. The price for the following two months in (December, January) had a considerable increment of 170 %. The price per m² has had a considerable increase of 130 % 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 $818.75 to $1,061.5 during February, and March.
Based upon to the price in Templestowe Lower (suburbs), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $456,714. During November the price went through a considerable rise reaching $757,909. During the following two months (December, January) the average price had a considerable increase of 179 % 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 risen strongly 143 % during the last two months.
