Property prices for sale in Mount Gambier (South Australia)

The prices in real estate in Mount Gambier, in the South Australia region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.

$320,910.83
Average price last 6 months
$306.17
Price/m² last 6 months
Average price per m2

The price per m² in Mount Gambier has increased during the last 6 months. In October, the average price per m² was $289. In November this price pretty much remained the same at a value of $297 per m². The price for the following two months in (December, January) had a considerable increment of 124 %. The price per m² has had a considerable deflation of 80 % 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 $328 to $262.5 during February, and March.

Average price

Based upon to the price in Mount Gambier (suburbs), this has gone up in the last 6 months. In our first sample month during October, the average price is $307,249. In November This price remains at $310,865. During the following two months (December, January) the price has had an average incrementation from $309,057 to $353,955.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 90 %, going from $331,506.25 to $299,720 in February and March.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $255,222 they are 63 % more affordable than the average price for Mount Gambier. The properties with the highest average price have 4 bedrooms, Their price is 97 % more costly than the average. After that we have properties with 3 bedrooms priced at $365,326.

With regard to the average price per m² , those properties with 1 bedroom are the most costly ones at a cost of $326 / m², with an average $203 / m² price in Mount Gambier. The properties with the highest average prices have 2 bedrooms. They are 156 % more expensive than the average followed by properties with 3 bedrooms with a price at $449 / m².

Price per property type

With regard to the average price based upon the property in Mount Gambier we can see that most expensive property type is "House" at a price of $298,062, they are 17 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 17 % 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 $252 / m². "House" at an average price of $252 / m² has the most expensive price and would be directed at more affluent cities.

Charts data
Average price March
Average price per m² March
Number of properties used in Mount Gambier
Number of properties used in region South Australia
$255,222
$203
702
41,124
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Other cities in region South Australia