Property prices for sale in Mildura (Victoria)

The prices in real estate in Mildura, 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.

$348,870.17
Average price last 6 months
$361.5
Price/m² last 6 months
Average price per m2

The price per m² in Mildura has increased strongly during the last 6 months. In October, the average price per m² was $305. In November this price pretty much remained the same at a value of $309 per m². The price for the following two months in (December, January) had a considerable increment of 123 %. The price per m² has had a considerable increase of 116 % 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 $342.75 to $399 during February, and March.

Average price

Based upon to the price in Mildura (suburbs), this has gone up in the last 6 months. In our first sample month during October, the average price is $327,430. In November This price remains at $330,486. During the following two months (December, January) the price has had an average incrementation from $328,958 to $367,051. 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 $348,004.5 and $350,601.5 between February and March.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $321,904 they are 39 % more affordable than the average price for Mildura. The properties with the highest average price have 4 bedrooms, Their price is 61 % more costly than the average. After that we have properties with 3 bedrooms priced at $385,104.

With regard to the average price per m² , those properties with 3 bedrooms are the most costly ones at a cost of $461 / m², with an average $390 / m² price in Mildura. The properties with the highest average prices have 1 bedroom. They are 47 % more expensive than the average followed by properties with 2 bedrooms with a price at $516 / m².

Price per property type

The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $321,904 it is 44 % cheaper than the average price in Mildura. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $179,626 it is 2 % more expensive than the average price.

According to the average cost per m², the cheapest property type is "Land" at an average cost of $293 / m² followed by "House" priced at $300 / m². "House" is the cheapest type of property with a $300 / m² value followed by "Land" with an average price of $293 / m².

Charts data
Average price March
Average price per m² March
Number of properties used in Mildura
Number of properties used in region Victoria
$321,904
$390
2,422
355,870
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value