Property prices for sale in Cowes (Victoria)

The price per m² in Cowes has fallen in the last 6 months. In October, the average price per m² was $661. In November this price pretty much remained the same at a value of $644 per m². The price for the following two months in (December, January) had a considerable increment of 122 %. The price per m² has had a considerable deflation of 44 % 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 $725.5 to $320.5 during February, and March.

Based upon to the price in Cowes (suburbs), this has gone downing the last 6 months. In our first sample month during October, the average price is $704,013. In November This price remains at $698,901. During the following two months (December, January) the average price had a considerable increase of 115 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $754,447.5 to $348,276.5, which means a 46 % fall.

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $696,553 they are 38 % more affordable than the average price for Cowes. The properties with the highest average price have 4 bedrooms, Their price is 40 % more costly than the average. After that we have properties with 3 bedrooms priced at $744,669.

With regard to the average price per m² , those properties with 2 bedrooms are the most costly ones at a cost of $810 / m², with an average $641 / m² price in Cowes. The properties with the highest average prices have 1 bedroom. They are 69 % more expensive than the average followed by properties with 4 bedrooms with a price at $884 / m².

With regard to the average price based upon the property in Cowes we can see that most expensive property type is "House" at a price of $746,729, they are 7 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 7 % 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 $669 / m². "House" at an average price of $669 / m² has the most expensive price and would be directed at more affluent cities.