Property prices for sale in Point Cook (Victoria)

The price per m² in Point Cook has increased strongly during the last 6 months. In October, the average price per m² was $11. In the following month the price per m² increased considerably to $57. The price for the following two months in (December, January) had a considerable increment of 915 %. The price per m² has had a considerable increase of 322 % 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 $172.5 to $556 during February, and March.

Based upon to the price in Point Cook (suburbs), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $10,000. During November the price went through a considerable rise reaching $63,333. During the following two months (December, January) the average price had a considerable increase of 1166 % 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 238 % during the last two months.

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $560,161 they are 44 % more affordable than the average price for Point Cook. The properties with the highest average price have 4 bedrooms, Their price is 11 % more costly than the average. After that we have properties with 3 bedrooms priced at $476,666.

With regard to the average price per m² , those properties with 3 bedrooms are the cheapest ones at a cost of $541 / m², with an average $552 / m² price in Point Cook. The properties with the highest average prices have 1 bedroom. They are 107 % more expensive than the average followed by properties with 2 bedrooms with a price at $639 / m².

With regard to the average price based upon the property in Point Cook we can see that the cheapest property type is "House" at a price of $538,911, they are 4 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 4 % 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 $495 / m². "House" with an average cost of $495 / m² has the lowest price and would be directed at less affluent cities.