Property prices for sale in Ocean Grove (Victoria)

The prices in real estate in Ocean Grove, 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.

$685,081.67
Average price last 6 months
$1,132
Price/m² last 6 months
Average price per m2

The price per m² in Ocean Grove has increased strongly during the last 6 months. In August, the average price per m² was $809. In the following month the price per m² increased considerably to $1,075. The price for the following two months in (October, November) had a considerable increment of 135 %. The price per m² has increased 107 % 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 $1,107 to $1,182 during December, and January.

Average price

Based upon to the price in Ocean Grove (suburbs), this has gone up considerably in the last 6 months. The average price during our first sample month during August, is $565,134. During September the price went through a considerable rise reaching $655,125. During the following two months (October, November) the average price had a considerable increase of 121 % 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 105 % during the last two months.

Average price per bedrooms

The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 0 % cheaper than the average price of $768,973 in Ocean Grove. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 0 % more affordable than the average aforementioned.

With regard to the average prices per m² those properties with 1 bedroom are 0 % cheaper than the average price of ($1,465 / m²) in Ocean Grove. Properties with the most affordable price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 0 % cheaper than the average value aforementioned.

Price per property type

With regard to the average price based upon the property in Ocean Grove we can see that the cheapest property type is "House" at a price of $768,973, they are 0 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 0 % more affordable than the average price aforementioned.

According to the average area cost by m² the cheapest property type is "House with an average price of $1,465 / m². "House" with an average cost of $1,465 / m² has the lowest price and would be directed at less affluent cities.

Charts data
Average price January
Average price per m² January
Number of properties used in Ocean Grove
Number of properties used in region Victoria
$768,973
$1,465
264
92,640
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value