Property prices for sale in Tyers (Victoria)
The prices in real estate in Tyers, 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 Tyers has increased strongly during the last 6 months. In November, the average price per m² was $5,776. In the following month the price per m² decreased considerably to $489. The price for the following two months in (January, February) had a considerable decrease of 16 with regard to the prior two months. The price per m² has had a considerable increase of 2706 % 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 $1,815.75 to $49,127.5 during March, and April.
Based upon to the price in Tyers (suburbs), these have remained the same in the last 6 months. In our first sample month during November, the average price is $577,688. In December This price remains at $571,527. During the following two months (January, February) the average price fell 89 % 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 risen strongly 128 % during the last two months.
