The prices in real estate in Mornington, in the Victoria region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per m² in Mornington has remained the same in the last 6 months. In February, the average price per m² was $2,553. In the following month the price per m² decreased to $2,235. In the following two months the price per m² has barely changed, going from $2,394 to $2,482 per m². The price per m² has increased 105 % 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 $2,438 to $2,571 during June, and July.
Based upon to the price in Mornington (suburbs), this has gone up in the last 6 months. The price in February is $1,102,500, rising in March till $1,223,091. During the following two months (April, May) the price has had an average incrementation from $1,162,795.5 to $1,227,515. 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 $1,195,155.25 and $1,137,700.5 between June and July.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 17 % cheaper than the average price of $888,190 in Mornington. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 17 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 26 % cheaper than the average price of ($1,829 / m²) in Mornington. Properties with the most affordable price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 26 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Mornington we can see that the cheapest property type is "House" at a price of $888,190, they are 17 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 17 % 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 $1,829 / m². "House" with an average cost of $1,829 / m² has the lowest price and would be directed at less affluent cities.