Property prices for sale in Lakes Entrance (Victoria)

The prices in real estate in Lakes Entrance, 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.

$458,424.67
Average price last 6 months
$9,543
Price/m² last 6 months
Average price per m2

The price per m² in Lakes Entrance has increased strongly during the last 6 months. In July, the average price per m² was $625. In the following month the price per m² increased considerably to $883. In the following two months the price per m² has barely changed, going from $754 to $724.5 per m². The price per m² has had a considerable increase of 3673 % 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 $739.25 to $27,150.5 during November, and December.

Average price

Based upon to the price in Lakes Entrance (suburbs), this has gone up in the last 6 months. In our first sample month during July, the average price is $423,741. In August This price remains at $404,167. In the following two months the average price has remained the same with regard to the previous two months from $413,954 to $429,326.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 126 % during the last two months.

Average price per bedrooms

The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 26 % cheaper than the average price of $398,481 in Lakes Entrance. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 26 % more affordable than the average aforementioned.

With regard to the average prices per m² those properties with 1 bedroom are 8 % cheaper than the average price of ($26,900 / m²) in Lakes Entrance. Properties with the most affordable price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 8 % cheaper than the average value aforementioned.

Price per property type

With regard to the average price based upon the property in Lakes Entrance we can see that the cheapest property type is "House" at a price of $398,481, they are 26 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 26 % 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 $26,900 / m². "House" with an average cost of $26,900 / m² has the lowest price and would be directed at less affluent cities.

Charts data
Average price December
Average price per m² December
Number of properties used in Lakes Entrance
Number of properties used in region Victoria
$538,615
$29,166
418
85,754
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value