Property prices for sale in South Yarra (Victoria)
The prices in real estate in South Yarra, 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 South Yarra has remained the same in the last 6 months. In October, the average price per m² was $1,111. In the following month the price per m² decreased to $1,043. In the following two months the price per m² has increased 112 %, going from $1,077 to $1,210.5 per m². The price per m² has barely changed in the last two months compared to the average price of the previous four months going from an average price of $1,143.75 to $1,102 during February y March
Based upon to the price in South Yarra (suburbs), this has fallen considerably in the last 6 months. The average price for October is $519,831. During November the price had a slight fall till $486,331. During the following two months (December, January) the average price had a considerable reduction of 76 % 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 $442,796.25 to $353,466.5, which means a 80 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $353,333 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 $916,993.
With regard to the average price per m² , those properties with 2 bedrooms are the cheapest ones at a cost of $814 / m², with an average $913 / m² price in South Yarra. The properties with the highest average prices have 4 bedrooms. They are 235 % more expensive than the average followed by properties with 3 bedrooms with a price at $1,735 / m².
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 $692,907, 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 $11,949 / m². "Apartment" at an average price of $11,949 / m² has the most expensive price and would be directed at more affluent cities.
