Property prices for sale in Mount Gambier (South Australia)
The prices in real estate in Mount Gambier, in the South Australia 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.
The price per m² in Mount Gambier has increased strongly during the last 6 months. In March, the average price per m² was $203. In the following month the price per m² increased considerably to $288. The price for the following two months in (May, June) had a considerable increment of 122 %. The price per m² has had a considerable increase of 136 % 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 $272.75 to $370.5 during July, and August.
Based upon to the price in Mount Gambier (suburbs), this has gone up considerably in the last 6 months. The average price during our first sample month during March, is $255,222. During April the price went through a considerable rise reaching $306,941. During the following two months (May, June) the price has had an average incrementation from $281,081.5 to $317,862.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 121 % 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 $343,873 they are 73 % more affordable than the average price for Mount Gambier. The properties with the highest average price have 4 bedrooms, Their price is 46 % more costly than the average. After that we have properties with 3 bedrooms priced at $364,960.
With regard to the average price per m² , those properties with 1 bedroom are the most costly ones at a cost of $325 / m², with an average $321 / m² price in Mount Gambier. The properties with the highest average prices have 2 bedrooms. They are 61 % more expensive than the average followed by properties with 3 bedrooms with a price at $448 / m².
With regard to the average price based upon the property in Mount Gambier we can see that the cheapest property type is "House" at a price of $297,763, they are 13 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 13 % 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 $251 / m². "House" with an average cost of $251 / m² has the lowest price and would be directed at less affluent cities.
