Property prices for sale in Spotswood (Victoria)
The prices in real estate in Spotswood, 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.
The price per m² in Spotswood has increased during the last 6 months. In October, the average price per m² was $805. In November this price pretty much remained the same at a value of $805 per m². In the following two months the price per m² has increased 115 %, going from $805 to $924 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 $864.5 to $841 during February y March
Based upon to the price in Spotswood (suburbs), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $665,419. In November This price remains at $665,419. During the following two months (December, January) the average price had a considerable increase of 132 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 95 %, going from $772,134 to $731,878 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $708,880 they are 52 % more affordable than the average price for Spotswood. The properties with the highest average price have 4 bedrooms, Their price is 37 % more costly than the average. After that we have properties with 3 bedrooms priced at $780,563.
With regard to the average price per m² , those properties with 2 bedrooms are the cheapest ones at a cost of $704 / m², with an average $846 / m² price in Spotswood. The properties with the highest average prices have 1 bedroom. They are 51 % more expensive than the average followed by properties with 3 bedrooms with a price at $882 / m².
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $708,880 it is 21 % cheaper than the average price in Spotswood. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $563,000 it is 7 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "Condo" at an average cost of $783 / m² followed by "House" priced at $868 / m². "House" is the most costly type of property with a $868 / m² cost followed by "Condo" with an average price of $783 / m².
