The prices in real estate in Tower Hill, 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 Tower Hill has increased strongly during the last 6 months. In October, the average price per m² was . In the following month the price per m² increased considerably to $120,451. In the following two months the price per m² has barely changed, going from $60,225.5 to $60,225.5 per m². The price per m² has had a considerable deflation of 0 % 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 $60,225.5 to during February, and March.
Based upon to the price in Tower Hill (suburbs), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is . During November the price went through a considerable rise reaching $970,000. In the following two months the average price has remained the same with regard to the previous two months from $485,000 to $485,000. During the last two months the average price has had a strong fall compared to the previous four going from $485,000 to , which means a 0 % fall.