The prices in real estate in Hadfield, 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 Hadfield has increased strongly during the last 6 months. In November, the average price per m² was $598. In the following month the price per m² decreased to $553. The price for the following two months in (January, February) had a considerable increment of 176 %. The price per m² has had a considerable increase of 242 % 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 $795.25 to $1,928 during March, and April.
Based upon to the price in Hadfield (suburbs), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is $357,677. In December This price remains at $351,713. During the following two months (January, February) the average price had a considerable increase of 192 % 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 116 % 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 $757,684 they are 69 % more affordable than the average price for Hadfield. The properties with the highest average price have 4 bedrooms, Their price is 30 % more costly than the average. After that we have properties with 3 bedrooms priced at $539,024.
With regard to the average price per m² , those properties with 3 bedrooms are the cheapest ones at a cost of $608 / m², with an average $3,123 / m² price in Hadfield. The properties with the lowest average prices have 4 bedrooms. They are 72 % cheaper than the average followed by properties with 1 bedroom with a price at $791 / m².
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $757,684 it is 65 % cheaper than the average price in Hadfield. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $263,934 it is 46 % more affordable than the average price.
According to the average cost per m², the cheapest property type is "Apartment" at an average cost of $417 / m² followed by "House" priced at $730 / m². "House" is the cheapest type of property with a $730 / m² value followed by "Apartment" with an average price of $417 / m².