The prices in real estate in Tyabb, 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 Tyabb has increased strongly during the last 6 months. In September, the average price per m² was $817. In the following month the price per m² increased to $882. In the following two months the price per m² has barely changed, going from $849.5 to $882 per m². The price per m² has had a considerable increase of 5761 % 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 $865.75 to $49,872.5 during January, and February.
Based upon to the price in Tyabb (suburbs), this has gone up considerably in the last 6 months. The price in September is $857,500, rising in October till $938,636. In the following two months the average price has remained the same with regard to the previous two months from $898,068 to $938,636. Based on an analysis of the first four prices and the last two months the average price has risen strongly 155 % during the last two months.