Property prices for sale in Armadale (Victoria)

The prices in real estate in Armadale, in the Victoria region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.

$1,815,727.33
Average price last 6 months
$3,395.67
Price/m² last 6 months
Average price per m2

The price per m² in Armadale has increased strongly during the last 6 months. In February, the average price per m² was . In the following month the price per m² increased considerably to . The price for the following two months in (April, May) had a considerable increment of 2147483647 %. The price per m² has had a considerable increase of 400 % 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 $849.25 to $3,395 during June, and July.

Average price

Based upon to the price in Armadale (suburbs), this has gone up considerably in the last 6 months. The average price during our first sample month during February, is . During March the price went through a considerable rise reaching . During the following two months (April, May) the average price had a considerable increase of 2147483647 % 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 400 % during the last two months.

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 $1,814,516 they are 95 % more affordable than the average price for Armadale. The properties with the lowest average price have 4 bedrooms, Their price is 88 % cheaper than the average. After that we have properties with 3 bedrooms priced at $207,002.

With regard to the average price per m² , those properties with 1 bedroom are the cheapest ones at a cost of $336 / m², with an average $3,393 / m² price in Armadale. The properties with the lowest average prices have 2 bedrooms. They are 79 % cheaper than the average followed by properties with 4 bedrooms with a price at $421 / m².

Price per property type

The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $1,814,516 it is 89 % cheaper than the average price in Armadale. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "House". At a price of $204,608 it is 87 % more affordable than the average price.

According to the average cost per m², the cheapest property type is "House" at an average cost of $349 / m² followed by "Apartment" priced at $537 / m². "Apartment" is the cheapest type of property with a $537 / m² value followed by "House" with an average price of $349 / m².

Charts data
Average price July
Average price per m² July
Number of properties used in Armadale
Number of properties used in region Victoria
$1,814,516
$3,393
16
3,190
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value