Property prices for sale in Chelsea (Victoria)

The price per m² in Chelsea has increased strongly during the last 6 months. In October, the average price per m² was $253. In November this price pretty much remained the same at a value of $253 per m². The price for the following two months in (December, January) had a considerable increment of 237 %. The price per m² has had a considerable increase of 202 % 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 $425.75 to $858.5 during February, and March.

Based upon to the price in Chelsea (suburbs), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $123,800. In November This price remains at $123,800. During the following two months (December, January) the average price had a considerable increase of 355 % 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 225 % 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 $642,425 they are 43 % more affordable than the average price for Chelsea. The properties with the highest average price have 4 bedrooms, Their price is 37 % more costly than the average. After that we have properties with 3 bedrooms priced at $734,249.

With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of $781 / m², with an average $884 / m² price in Chelsea. The properties with the highest average prices have 1 bedroom. They are 34 % more expensive than the average followed by properties with 2 bedrooms with a price at $953 / m².

With regard to the average price based upon the property in Chelsea we can see that the cheapest property type is "House" at a price of $636,744, they are 1 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 1 % more affordable 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 $887 / m². "House" at an average price of $887 / m² has the most expensive price and would be directed at more affluent cities.