Property prices for sale in Drummond (Victoria)

The price per m² in Drummond has fallen in the last 6 months. In October, the average price per m² was $1,044. In the following month the price per m² increased considerably to $1,280. In the following two months the price per m² has barely changed, going from $1,162 to $1,161 per m². The price per m² has had a considerable deflation of 54 % 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 $1,161.5 to $625.5 during February, and March.

Based upon to the price in Drummond (suburbs), this has fallen considerably in the last 6 months. The price in October is $1,380,000, rising in November till $1,478,750. In the following two months the average price has remained the same with regard to the previous two months from $1,429,375 to $1,428,685. During the last two months the average price has had a strong fall compared to the previous four going from $1,429,030 to $523,124.5, which means a 37 % fall.

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $521,223 they are 50 % more affordable than the average price for Drummond. The properties with the highest average price have 4 bedrooms, Their price is 19 % more costly than the average. After that we have properties with 3 bedrooms priced at $501,050.

With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of $564 / m², with an average $601 / m² price in Drummond. The properties with the highest average prices have 2 bedrooms. They are 48 % more expensive than the average followed by properties with 1 bedroom with a price at $829 / m².

With regard to the average price based upon the property in Drummond we can see that the cheapest property type is "House" at a price of $521,223, they are 0 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 0 % 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 $601 / m². "House" with an average cost of $601 / m² has the lowest price and would be directed at less affluent cities.