The prices in real estate in Tootgarook, in the Victoria region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per m² in Tootgarook has increased during the last 6 months. In October, the average price per m² was $739. In November this price pretty much remained the same at a value of $773 per m². In the following two months the price per m² has barely changed, going from $756 to $774.5 per m². The price per m² has increased 114 % 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 $765.25 to $869 during February, and March.
Based upon to the price in Tootgarook (suburbs), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $807,400. In November This price remains at $847,182. During the following two months (December, January) the average price had a considerable increase of 117 % 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 gone up 112 % during the last two months.