The prices in real estate in Sunbury, 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 Sunbury has increased strongly during the last 6 months. In October, the average price per m² was $478. In November this price pretty much remained the same at a value of $476 per m². The price for the following two months in (December, January) had a considerable increment of 173 %. The price per m² has had a considerable increase of 179 % 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 $650.25 to $1,164.5 during February, and March.
Based upon to the price in Sunbury (suburbs), this has gone up in the last 6 months. In our first sample month during October, the average price is $591,179. In November This price remains at $610,130. In the following two months the average price has remained the same with regard to the previous two months from $600,654.5 to $611,379.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 119 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 24 % cheaper than the average price of $528,827 in Sunbury. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 24 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 7 % more costly than the average price of ($949 / m²) in Sunbury. Properties with the most expensive price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 7 % more costly than the average value aforementioned.
With regard to the average price based upon the property in Sunbury we can see that the cheapest property type is "House" at a price of $528,827, they are 24 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 24 % more affordable than the average price aforementioned.
According to the average area price by m² the most costly property type is "House with an average price of $949 / m². "House" at an average price of $949 / m² has the most expensive price and would be directed at more affluent cities.