The prices in real estate in Darlington, 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.
The price per m² in Darlington has increased strongly during the last 6 months. In November, the average price per m² was . In the following month the price per m² increased considerably to $923. The price for the following two months in (January, February) had a considerable increment of 215 %. The price per m² has increased 111 % 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 $726 to $809 during March, and April.
Based upon to the price in Darlington (suburbs), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is . During December the price went through a considerable rise reaching $838,333. During the following two months (January, February) the average price had a considerable increase of 185 % 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 116 % 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 $837,494 they are 87 % more affordable than the average price for Darlington. The properties with the highest average price have 4 bedrooms, Their price is 80 % more costly than the average. After that we have properties with 3 bedrooms priced at $568,481.
With regard to the average price per m² , those properties with 1 bedroom are the cheapest ones at a cost of $284 / m², with an average $922 / m² price in Darlington. The properties with the highest average prices have 4 bedrooms. They are 48 % more expensive than the average followed by properties with 3 bedrooms with a price at $661 / m².
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $837,494 it is 43 % cheaper than the average price in Darlington. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "House". At a price of $473,747 it is 37 % more affordable than the average price.
According to the average cost per m², the cheapest property type is "Apartment" at an average cost of $663 / m² followed by "House" priced at $884 / m². "House" is the cheapest type of property with a $884 / m² value followed by "Apartment" with an average price of $663 / m².