Property prices for sale in Doncaster East (Victoria)
The prices in real estate in Doncaster East, 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 Doncaster East has increased strongly during the last 6 months. In October, the average price per m² was $450. In November this price pretty much remained the same at a value of $438 per m². The price for the following two months in (December, January) had a considerable increment of 216 %. The price per m² has had a considerable increase of 147 % 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 $700.5 to $1,032 during February, and March.
Based upon to the price in Doncaster East (suburbs), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $336,458. In November This price remains at $330,710. During the following two months (December, January) the average price had a considerable increase of 228 % 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 189 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $1,071,617 they are 80 % more affordable than the average price for Doncaster East. The properties with the lowest average price have 2 bedrooms, Their price is 52 % cheaper than the average. After that we have properties with 1 bedroom priced at $376,866.
With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of $178 / m², with an average $1,080 / m² price in Doncaster East. The properties with the highest average prices have 1 bedroom. They are 5 % more expensive than the average followed by properties with 2 bedrooms with a price at $895 / m².
With regard to the average price based upon the property in Doncaster East we can see that the cheapest property type is "House" at a price of $296,320, they are 72 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 72 % more affordable than the average price aforementioned.
According to the average area cost by m² the cheapest property type is "House with an average price of $393 / m². "House" with an average cost of $393 / m² has the lowest price and would be directed at less affluent cities.
