Property prices for sale in Thornton (Victoria)

The price per m² in Thornton has increased strongly during the last 6 months. In November, the average price per m² was $555. In December this price pretty much remained the same at a value of $560 per m². The price for the following two months in (January, February) had a considerable increment of 547 %. The price per m² has had a considerable deflation of 66 % 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 $1,803 to $1,181.5 during March, and April.

Based upon to the price in Thornton (suburbs), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is $640,809. In December This price remains at $669,532. During the following two months (January, February) the average price had a considerable increase of 431 % 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 $1,738,835.25 to $1,191,666.5, which means a 69 % fall.