Property prices for sale in Ocean Grove (Victoria)

The prices in real estate in Ocean Grove, in the Victoria region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.

Average price last 6 months
Price/m² last 6 months
Average price per m2

The price per m² in Ocean Grove has had a strong decrease during the last 6 months. In February, the average price per m² was $1,387. In the following month the price per m² decreased considerably to . The price for the following two months in (April, May) had a considerable increment of 196 %. The price per m² has had a considerable deflation of 41 % 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 $1,026.5 to $423.5 during June, and July.

Average price

Based upon to the price in Ocean Grove (suburbs), this has fallen considerably in the last 6 months. The average price for February is $792,500. During March the price had a considerable reduction till . During the following two months (April, May) the average price had a considerable increase of 196 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $587,326.5 to $273,205.5, which means a 47 % fall.

Charts data
Average price July
Average price per m² July
Number of properties used in Ocean Grove
Number of properties used in region Victoria
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** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value