Property prices for sale in Dromana (Victoria)

The prices in real estate in Dromana, 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.

$580,760.5
Average price last 6 months
$621.17
Price/m² last 6 months
Average price per m2

The price per m² in Dromana has increased strongly during the last 6 months. In October, the average price per m² was . In the following month the price per m² increased considerably to . The price for the following two months in (December, January) had a considerable increment of 2147483647 %. The price per m² has had a considerable increase of 226 % 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 $437 to $989.5 during February, and March.

Average price

Based upon to the price in Dromana (suburbs), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is . During November the price went through a considerable rise reaching . During the following two months (December, January) the average price had a considerable increase of 2147483647 % 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 206 % 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 $873,970 they are 69 % more affordable than the average price for Dromana. The properties with the highest average price have 4 bedrooms, Their price is 93 % more costly than the average. After that we have properties with 2 bedrooms priced at $682,500.

With regard to the average price per m² , those properties with 3 bedrooms are the cheapest ones at a cost of $718 / m², with an average $989 / m² price in Dromana. The properties with the highest average prices have 4 bedrooms. They are 35 % more expensive than the average followed by properties with 2 bedrooms with a price at $1,323 / m².

Price per property type

With regard to the average price based upon the property in Dromana we can see that the cheapest property type is "House" at a price of $844,846, they are 3 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 3 % 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 $931 / m². "House" with an average cost of $931 / m² has the lowest price and would be directed at less affluent cities.

Charts data
Average price March
Average price per m² March
Number of properties used in Dromana
Number of properties used in region Victoria
$873,970
$989
216
355,870
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
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