Property prices for sale in Mitcham (Victoria)

The price per m² in Mitcham has increased strongly during the last 6 months. In October, the average price per m² was $355. In the following month the price per m² increased considerably to $730. The price for the following two months in (December, January) had a considerable increment of 188 %. The price per m² has had a considerable increase of 137 % 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 $781.5 to $1,067 during February, and March.

Based upon to the price in Mitcham (suburbs), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $268,695. During November the price went through a considerable rise reaching $628,614. During the following two months (December, January) the average price had a considerable increase of 198 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 128 % during the last two months.

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $863,764 they are 61 % more affordable than the average price for Mitcham. The properties with the highest average price have 4 bedrooms, Their price is 49 % more costly than the average. After that we have properties with 3 bedrooms priced at $912,871.

With regard to the average price per m² , those properties with 1 bedroom are the cheapest ones at a cost of $1,060 / m², with an average $1,099 / m² price in Mitcham. The properties with the highest average prices have 2 bedrooms. They are 40 % more expensive than the average followed by properties with 4 bedrooms with a price at $1,145 / m².

With regard to the average price based upon the property in Mitcham we can see that most expensive property type is "House" at a price of $1,238,457, they are 43 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 43 % more expensive than the average price aforementioned.

According to the average area price by m² the most costly property type is "House with an average price of $1,260 / m². "House" at an average price of $1,260 / m² has the most expensive price and would be directed at more affluent cities.