Property prices for sale in Victor Harbor (South Australia)
The prices in real estate in Victor Harbor, in the South Australia 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 Victor Harbor has had a strong decrease during the last 6 months. In October, the average price per m² was $500. In November this price pretty much remained the same at a value of $492 per m². The price for the following two months in (December, January) had a considerable decrease of 50 with regard to the prior two months. The price per m² has had a considerable increase of 123 % 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 $371 to $458 during February, and March.
Based upon to the price in Victor Harbor (suburbs), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $551,499. In November This price remains at $545,124. During the following two months (December, January) the average price had a considerable reduction of 50 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 87 %, going from $410,436.75 to $355,288.5 in February and March.
