The prices in real estate in Tarneit, 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 Tarneit has increased strongly during the last 6 months. In October, the average price per m² was . In the following month the price per m² increased considerably to $1,104. The price for the following two months in (December, January) had a considerable increment of 201 %. The price per m² has had a considerable increase of 137 % 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 $830.25 to $1,139 during February, and March.
Based upon to the price in Tarneit (suburbs), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is . During November the price went through a considerable rise reaching $425,246. During the following two months (December, January) the average price had a considerable increase of 200 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 143 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 3 bedrooms. It is 7 % cheaper than the average price of $435,879 in Tarneit. Based on the bedrooms values, properties with the highest prices are those with 4 bedrooms. They are 7 % more expensive than the average aforementioned.
With regard to the average prices per m² those properties with 4 bedrooms are 0 % cheaper than the average price of ($1,181 / m²) in Tarneit. Properties with the most expensive price based upon to the number of bedrooms / m² are those with 3 bedrooms. They are 3 % more costly than the average value aforementioned.
With regard to the average price based upon the property in Tarneit we can see that most expensive property type is "House" at a price of $479,113, they are 2 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 2 % more expensive 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 $1,195 / m². "House" at an average price of $1,195 / m² has the most expensive price and would be directed at more affluent cities.