Property prices for sale in Truganina (Victoria)
The prices in real estate in Truganina, in the Victoria region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per m² in Truganina has had a strong decrease during the last 6 months. In October, the average price per m² was $1,054. In the following month the price per m² increased to $1,170. The price for the following two months in (December, January) had a considerable decrease of 61 with regard to the prior two months. The price per m² has had a considerable deflation of 70 % 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 $894.25 to $630 during February, and March.
Based upon to the price in Truganina (suburbs), this has gone up in the last 6 months. The price in October is $473,628, rising in November till $524,417. In the following two months the average price has remained the same with regard to the previous two months from $499,022.5 to $486,843. Based on an analysis of the first four prices and the last two months the average price has risen strongly 120 % during the last two months.
