Property prices for sale in Wallan (Victoria)

The price per m² in Wallan has increased strongly during the last 6 months. In October, the average price per m² was $455. In November this price pretty much remained the same at a value of $473 per m². The price for the following two months in (December, January) had a considerable increment of 160 %. The price per m² has had a considerable deflation of 63 % 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 $602.5 to $381 during February, and March.

Based upon to the price in Wallan (suburbs), this has gone downing the last 6 months. In our first sample month during October, the average price is $522,511. In November This price remains at $531,410. During the following two months (December, January) the price has had an average incrementation from $526,960.5 to $571,899. During the last two months the average price has had a strong fall compared to the previous four going from $549,429.75 to $321,666.5, which means a 59 % fall.