The prices in real estate in Springvale, in the Oroua County region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per m² in Springvale has remained the same in the last 6 months. In October, the average price per m² was $4,662. In November this price pretty much remained the same at a value of $4,858 per m². In the following two months the price per m² has barely changed, going from $4,760 to $4,974 per m². The price per m² has decreased 94 % 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 $4,867 to $4,566 during February, and March.
Based upon to the price in Springvale (suburbs), this has gone downing the last 6 months. In our first sample month during October, the average price is $647,929. In November This price remains at $630,714. During the following two months (December, January) the average price fell 88 % 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 95 %, going from $600,983.5 to $570,318.5 in February and March.