The prices in real estate in Stawell, 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.
The price per m² in Stawell has increased strongly during the last 6 months. In November, the average price per m² was $410. In December this price pretty much remained the same at a value of $425 per m². The price for the following two months in (January, February) had a considerable increment of 237 %. The price per m² has had a considerable deflation of 58 % 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 $704 to $411.5 during March, and April.
Based upon to the price in Stawell (suburbs), these have remained the same in the last 6 months. In our first sample month during November, the average price is $346,963. In December This price remains at $336,050. During the following two months (January, February) the price has had an average incrementation from $341,506.5 to $382,307. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $361,906.75 and $347,827.5 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $353,534 they are 33 % more affordable than the average price for Stawell. Based on the bedrooms values, properties with the lowest prices are those with 3 bedrooms. They are 5 % more affordable than the average aforementioned.
With regard to the average price per m² , those properties with 3 bedrooms are the most costly ones at a cost of $415 / m², with an average $414 / m² price in Stawell. Properties with the most expensive price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 101 % more costly than the average value aforementioned.