Property prices for sale in Docklands (Victoria)

The prices in real estate in Docklands, 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.

$620,344
Average price last 6 months
$2,640.5
Price/m² last 6 months
Average price per m2

The price per m² in Docklands has increased strongly during the last 6 months. In November, the average price per m² was $974. In the following month the price per m² increased considerably to $1,149. The price for the following two months in (January, February) had a considerable decrease of 68 with regard to the prior two months. The price per m² has had a considerable increase of 686 % 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 $893.75 to $6,134 during March, and April.

Average price

Based upon to the price in Docklands (suburbs), this has gone up in the last 6 months. The average price during our first sample month during November, is $556,194. During December the price went through a considerable rise reaching $644,519. During the following two months (January, February) the average price had a considerable reduction of 51 % 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 210 % 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 $1,328,333 they are 82 % more affordable than the average price for Docklands. Based on the bedrooms values, properties with the highest prices are those with 3 bedrooms. They are 11 % more expensive than the average aforementioned.

With regard to the average price per m² , those properties with 1 bedroom are the cheapest ones at a cost of $748 / m², with an average $10,745 / m² price in Docklands. Properties with the most affordable price based upon to the number of bedrooms / m² are those with 3 bedrooms. They are 86 % cheaper than the average value aforementioned.

Charts data
Average price April
Average price per m² April
Number of properties used in Docklands
Number of properties used in region Victoria
$1,328,333
$10,745
588
285,544
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value