Property prices for sale in Fitzroy (Victoria)

The price per m² in Fitzroy has increased strongly during the last 6 months. In October, the average price per m² was $1,419. In the following month the price per m² increased to $1,590. The price for the following two months in (December, January) had a considerable increment of 126 %. The price per m² has increased 108 % 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 $1,699 to $1,828 during February, and March.

Based upon to the price in Fitzroy (suburbs), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $580,381. During November the price went through a considerable rise reaching $827,172. During the following two months (December, January) the average price had a considerable increase of 158 % 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 138 % during the last two months.

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,278,385 they are 73 % more affordable than the average price for Fitzroy. The properties with the highest average price have 4 bedrooms, Their price is 100 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,957,031.

With regard to the average price per m² , those properties with 1 bedroom are the cheapest ones at a cost of $1,078 / m², with an average $1,853 / m² price in Fitzroy. The properties with the highest average prices have 3 bedrooms. They are 21 % more expensive than the average followed by properties with 4 bedrooms with a price at $2,200 / m².