Property prices for sale in Elsternwick (Victoria)

The price per m² in Elsternwick has increased strongly during the last 6 months. In November, the average price per m² was $1,342. In the following month the price per m² decreased considerably to $1,110. The price for the following two months in (January, February) had a considerable decrease of 79 with regard to the prior two months. The price per m² has had a considerable increase of 638 % 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 $1,094.25 to $6,979.5 during March, and April.

Based upon to the price in Elsternwick (suburbs), this has gone up considerably in the last 6 months. The average price for November is $986,412. During December the price had a considerable reduction till $771,933. During the following two months (January, February) the average price had a considerable reduction of 56 % 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 375 % during the last two months.

The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 85 % cheaper than the average price of $387,556 in Elsternwick. Based on the bedrooms values, properties with the lowest prices are those with 2 bedrooms. They are 84 % more affordable than the average aforementioned.

With regard to the average prices per m² those properties with 2 bedrooms are 89 % cheaper than the average price of ($762 / m²) in Elsternwick. Properties with the most affordable price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 82 % cheaper than the average value aforementioned.