The prices in real estate in Wyndham Vale, 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 Wyndham Vale has had a strong decrease during the last 6 months. In June, the average price per m² was $1,900. In the following month the price per m² decreased considerably to $1,296. The price for the following two months in (August, September) had a considerable decrease of 78 with regard to the prior two months. The price per m² has had a considerable deflation of 74 % 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 $1,424.75 to $1,048.5 during October, and November.
Based upon to the price in Wyndham Vale (suburbs), this has gone downing the last 6 months. The average price for June is $584,868. During July the price had a slight fall till $550,571. In the following two months the average price has remained the same with regard to the previous two months from $567,719.5 to $554,909.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 85 %, going from $561,314.5 to $478,443 in October and November.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 0 % cheaper than the average price of $468,425 in Wyndham Vale. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 0 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 0 % cheaper than the average price of ($1,017 / m²) in Wyndham Vale. Properties with the most affordable price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 0 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Wyndham Vale we can see that the cheapest property type is "House" at a price of $468,425, they are 0 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 0 % more affordable than the average price aforementioned.
According to the average area cost by m² the cheapest property type is "House with an average price of $1,017 / m². "House" with an average cost of $1,017 / m² has the lowest price and would be directed at less affluent cities.