Property prices for sale in Mount Martha (Victoria)

The prices in real estate in Mount Martha, in the Victoria region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city

$1,351,454.4
Average price last 6 months
$1,149.4
Price/m² last 6 months
Average price per m2

The price per m² in Mount Martha has fallen in the last 6 months. In October, the average price per m² was $1,042. In November this price pretty much remained the same at a value of $1,042 per m². The price for the following two months in (December, January) had a considerable decrease of 52 with regard to the prior two months. The price per m² has had a considerable increase of 164 % 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 $790.5 to $1,292.5 during February, and March.

Average price

Based upon to the price in Mount Martha (suburbs), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $1,288,129. In November This price remains at $1,288,129. During the following two months (December, January) the average price had a considerable reduction of 52 % 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 144 % during the last two months.

Average price per bedrooms

The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 60 % cheaper than the average price of $227,500 in Mount Martha. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 60 % more affordable than the average aforementioned.

With regard to the average prices per m² those properties with 1 bedroom are 20 % cheaper than the average price of ($640 / m²) in Mount Martha. Properties with the most affordable price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 20 % cheaper than the average value aforementioned.

Charts data
Average price March
Average price per m² March
Number of properties used in Mount Martha
Number of properties used in region Victoria
$572,000
$797
228
355,870
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value