The prices in real estate in Wangaratta, 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 Wangaratta has increased strongly during the last 6 months. In October, the average price per m² was $554. In November this price pretty much remained the same at a value of $554 per m². The price for the following two months in (December, January) had a considerable increment of 135 %. The price per m² has barely changed in the last two months compared to the average price of the previous four months going from an average price of $650.5 to $647 during February y March
Based upon to the price in Wangaratta (suburbs), these have remained the same in the last 6 months. In our first sample month during October, the average price is $532,313. In November This price remains at $515,734. During the following two months (December, January) the price has had an average incrementation from $524,023.5 to $581,432. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 95 %, going from $552,727.75 to $524,224.5 in February and March.