Property prices for sale in Mordialloc (Victoria)

The price per m² in Mordialloc has increased strongly during the last 6 months. In October, the average price per m² was $613. In November this price pretty much remained the same at a value of $613 per m². The price for the following two months in (December, January) had a considerable increment of 167 %. The price per m² has had a considerable increase of 125 % 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 $817 to $1,024.5 during February, and March.

Based upon to the price in Mordialloc (suburbs), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $521,429. In November This price remains at $521,429. During the following two months (December, January) the average price had a considerable increase of 157 % 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 127 % 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 $878,125 they are 62 % more affordable than the average price for Mordialloc. The properties with the highest average price have 3 bedrooms, Their price is 9 % more costly than the average. After that we have properties with 4 bedrooms priced at $946,833.

With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of $850 / m², with an average $1,039 / m² price in Mordialloc. The properties with the highest average prices have 2 bedrooms. They are 17 % more expensive than the average followed by properties with 3 bedrooms with a price at $1,119 / m².

With regard to the average price based upon the property in Mordialloc we can see that the cheapest property type is "House" at a price of $859,506, they are 2 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 2 % 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 $1,026 / m². "House" with an average cost of $1,026 / m² has the lowest price and would be directed at less affluent cities.