Property prices for sale in South Yarra (Victoria)

The prices in real estate in South Yarra, in the Victoria region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.

$429,796.33
Average price last 6 months
$1,148.33
Price/m² last 6 months
Average price per m2

The price per m² in South Yarra has increased during the last 6 months. In September, the average price per m² was $1,024. In the following month the price per m² increased to $1,111. In the following two months the price per m² has barely changed, going from $1,067.5 to $1,027 per m². The price per m² has had a considerable increase of 129 % 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 $1,047.25 to $1,350.5 during January, and February.

Average price

Based upon to the price in South Yarra (suburbs), this has gone downing the last 6 months. The price in September is $453,993, rising in October till $519,831. During the following two months (November, December) the average price fell 95 % 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 $473,727.75 to $341,933.5, which means a 72 % fall.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $353,600 they are 14 % more affordable than the average price for South Yarra. The properties with the highest average price have 3 bedrooms, Their price is 346 % more costly than the average. After that we have properties with 4 bedrooms priced at $917,911.

With regard to the average price per m² , those properties with 2 bedrooms are the cheapest ones at a cost of $815 / m², with an average $1,291 / m² price in South Yarra. The properties with the highest average prices have 4 bedrooms. They are 137 % more expensive than the average followed by properties with 3 bedrooms with a price at $1,737 / m².

Price per property type

With regard to the average price based upon the property in South Yarra we can see that most expensive property type is "Apartment" at a price of $693,601, they are 96 % more costly than the average price of (!PRECIO2!). "Apartment" has the highest price. This price is 96 % 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 $11,961 / m². "Apartment" at an average price of $11,961 / m² has the most expensive price and would be directed at more affluent cities.

Charts data
Average price February
Average price per m² February
Number of properties used in South Yarra
Number of properties used in region Victoria
$353,600
$1,291
822
370,584
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value