Property prices for sale in Mount Martha (Victoria)

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

$1,651,812.33
Average price last 6 months
$1,864.83
Price/m² last 6 months
Average price per m2

The price per m² in Mount Martha has increased during the last 6 months. In December, the average price per m² was $1,687. In January this price pretty much remained the same at a value of $1,697 per m². In the following two months the price per m² has increased 112 %, going from $1,692 to $1,889 per m². The price per m² has increased 112 % 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 $1,790.5 to $2,013.5 during April, and May.

Average price

Based upon to the price in Mount Martha (suburbs), this has gone up considerably in the last 6 months. The average price during our first sample month during December, is $1,188,159. During January the price went through a considerable rise reaching $1,571,009. During the following two months (February, March) the average price had a considerable increase of 117 % 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 130 % 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 27 % cheaper than the average price of $1,275,910 in Mount Martha. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 27 % more affordable than the average aforementioned.

With regard to the average prices per m² those properties with 1 bedroom are 48 % cheaper than the average price of ($1,112 / 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 48 % cheaper than the average value aforementioned.

Price per property type

With regard to the average price based upon the property in Mount Martha we can see that the cheapest property type is "House" at a price of $1,275,910, they are 27 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 27 % 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 $1,112 / m². "House" with an average cost of $1,112 / m² has the lowest price and would be directed at less affluent cities.

Charts data
Average price May
Average price per m² May
Number of properties used in Mount Martha
Number of properties used in region Victoria
$1,755,781
$2,131
232
69,286
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value