Property prices for sale in North Melbourne (Victoria)

The prices in real estate in North Melbourne, 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.

$433,636.17
Average price last 6 months
$966.83
Price/m² last 6 months
Average price per m2

The price per m² in North Melbourne has remained the same in the last 6 months. In September, the average price per m² was $960. In October this price pretty much remained the same at a value of $937 per m². In the following two months the price per m² has barely changed, going from $948.5 to $966.5 per m². The price per m² has barely changed in the last two months compared to the average price of the previous four months going from an average price of $957.5 to $985.5 during January y February

Average price

Based upon to the price in North Melbourne (suburbs), this has fallen considerably in the last 6 months. In our first sample month during September, the average price is $540,974. In October This price remains at $525,535. In the following two months the average price has remained the same with regard to the previous two months from $533,254.5 to $536,181. During the last two months the average price has had a strong fall compared to the previous four going from $534,717.75 to $231,473, which means a 43 % fall.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $239,375 they are 4 % more affordable than the average price for North Melbourne. The properties with the highest average price have 4 bedrooms, Their price is 731 % more costly than the average. After that we have properties with 3 bedrooms priced at $995,505.

With regard to the average price per m² , those properties with 1 bedroom are the cheapest ones at a cost of $785 / m², with an average $1,344 / m² price in North Melbourne. The properties with the highest average prices have 4 bedrooms. They are 21 % more expensive than the average followed by properties with 3 bedrooms with a price at $1,139 / m².

Charts data
Average price February
Average price per m² February
Number of properties used in North Melbourne
Number of properties used in region Victoria
$239,375
$1,344
424
370,584
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value