Property prices for sale in Warrandyte (Victoria)
The prices in real estate in Warrandyte, in the Victoria 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 Warrandyte has had a strong decrease during the last 6 months. In October, the average price per m² was $1,196. In the following month the price per m² increased to $1,313. The price for the following two months in (December, January) had a considerable decrease of 52 with regard to the prior two months. The price per m² has had a considerable deflation of 48 % 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 $955.5 to $454 during February, and March.
Based upon to the price in Warrandyte (suburbs), this has fallen considerably in the last 6 months. The average price for October is $1,087,600. During November the price had a considerable reduction till $883,333. During the following two months (December, January) the average price had a considerable reduction of 45 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $713,566.5 to $538,625, which means a 75 % fall.
