Property prices for sale in Northcote (Victoria)

The price per m² in Northcote has increased strongly during the last 6 months. In October, the average price per m² was $955. In November this price pretty much remained the same at a value of $995 per m². The price for the following two months in (December, January) had a considerable decrease of 51 with regard to the prior two months. The price per m² has had a considerable increase of 267 % 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 $733.75 to $1,955.5 during February, and March.

Based upon to the price in Northcote (suburbs), this has gone up in the last 6 months. In our first sample month during October, the average price is $498,294. In November This price remains at $506,886. During the following two months (December, January) the average price had a considerable reduction of 51 % 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 214 % 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 $961,906 they are 50 % more affordable than the average price for Northcote. The properties with the highest average price have 3 bedrooms, Their price is 74 % more costly than the average. After that we have properties with 4 bedrooms priced at $1,427,500.

With regard to the average price per m² , those properties with 2 bedrooms are the cheapest ones at a cost of $1,115 / m², with an average $2,713 / m² price in Northcote. The properties with the highest average prices have 3 bedrooms. They are 143 % more expensive than the average followed by properties with 4 bedrooms with a price at $2,369 / m².

With regard to the average price based upon the property in Northcote we can see that most expensive property type is "House" at a price of $1,600,189, they are 66 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 66 % more expensive than the average price aforementioned.

According to the average area cost by m² the cheapest property type is "House with an average price of $1,674 / m². "House" with an average cost of $1,674 / m² has the lowest price and would be directed at less affluent cities.