The prices in real estate in Melton South, in the Victoria region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per m² in Melton South has increased during the last 6 months. In May, the average price per m² was $978. In the following month the price per m² decreased considerably to $819. In the following two months the price per m² has increased 115 %, going from $898.5 to $1,030.5 per m². The price per m² has had a considerable increase of 118 % 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 $964.5 to $1,139.5 during September, and October.
Based upon to the price in Melton South (suburbs), these have remained the same in the last 6 months. In our first sample month during May, the average price is $372,465. In June This price remains at $375,854. In the following two months the average price has remained the same with regard to the previous two months from $374,159.5 to $384,051.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $379,105.5 and $382,547.5 between September and October.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 0 % cheaper than the average price of $387,906 in Melton South. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 0 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 0 % cheaper than the average price of ($1,004 / m²) in Melton South. Properties with the most affordable price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 0 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Melton South we can see that the cheapest property type is "House" at a price of $387,906, 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 $1,004 / m². "House" with an average cost of $1,004 / m² has the lowest price and would be directed at less affluent cities.