The prices in real estate in Oakleigh, 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.
The price per m² in Oakleigh has remained the same in the last 6 months. In October, the average price per m² was $779. In November this price pretty much remained the same at a value of $779 per m². The price for the following two months in (December, January) had a considerable decrease of 78 with regard to the prior two months. The price per m² has had a considerable increase of 127 % 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 $692 to $876.5 during February, and March.
Based upon to the price in Oakleigh (suburbs), this has gone up in the last 6 months. In our first sample month during October, the average price is $498,889. In November This price remains at $498,889. During the following two months (December, January) the average price had a considerable reduction of 76 % 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 167 % 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 $760,794 they are 71 % more affordable than the average price for Oakleigh. The properties with the highest average price have 4 bedrooms, Their price is 25 % more costly than the average. After that we have properties with 3 bedrooms priced at $699,856.
With regard to the average price per m² , those properties with 1 bedroom are the cheapest ones at a cost of $727 / m², with an average $926 / m² price in Oakleigh. The properties with the highest average prices have 2 bedrooms. They are 2 % more expensive than the average followed by properties with 4 bedrooms with a price at $846 / m².
With regard to the average price based upon the property in Oakleigh we can see that most expensive property type is "House" at a price of $767,638, they are 1 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 1 % 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 $906 / m². "House" with an average cost of $906 / m² has the lowest price and would be directed at less affluent cities.