Property prices for sale in Notting Hill (Victoria)
The prices in real estate in Notting Hill, in the Victoria 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 Notting Hill has increased strongly during the last 6 months. In November, the average price per m² was $215. In the following month the price per m² increased considerably to $284. The price for the following two months in (January, February) had a considerable increment of 208 %. 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 $384 to $385 during March y April
Based upon to the price in Notting Hill (suburbs), this has gone up considerably in the last 6 months. The price in November is $211,800, rising in December till $236,900. During the following two months (January, February) the average price had a considerable increase of 194 % 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 gone up 106 % 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 $249,417 they are 67 % more affordable than the average price for Notting Hill. The properties with the highest average price have 3 bedrooms, Their price is 134 % more costly than the average. After that we have properties with 4 bedrooms priced at $507,624.
With regard to the average price per m² , those properties with 1 bedroom are the most costly ones at a cost of $221 / m², with an average $195 / m² price in Notting Hill. The properties with the highest average prices have 3 bedrooms. They are 253 % more expensive than the average followed by properties with 2 bedrooms with a price at $634 / m².
With regard to the average price based upon the property in Notting Hill we can see that most expensive property type is "Apartment" at a price of $496,638, they are 99 % more costly than the average price of (!PRECIO2!). "Apartment" has the highest price. This price is 99 % more expensive than the average price aforementioned.
According to the average area price by m² the most costly property type is "Apartment with an average price of $604 / m². "Apartment" at an average price of $604 / m² has the most expensive price and would be directed at more affluent cities.
