The prices in real estate in Warrnambool, 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 Warrnambool has increased during the last 6 months. In January, the average price per m² was $568. In the following month the price per m² increased to $640. In the following two months the price per m² has increased 111 %, going from $604 to $669 per m². The price per m² has decreased 94 % 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 $636.5 to $598 during May, and June.
Based upon to the price in Warrnambool (suburbs), this has gone up in the last 6 months. The price in January is $345,787, rising in February till $372,701. During the following two months (March, April) the price has had an average incrementation from $359,244 to $381,770. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from $370,507 to $340,659.5 in May and June.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $326,753 they are 26 % more affordable than the average price for Warrnambool. Based on the bedrooms values, properties with the highest prices are those with 4 bedrooms. They are 31 % more expensive than the average aforementioned.
With regard to the average price per m² , those properties with 3 bedrooms are the cheapest ones at a cost of $546 / m², with an average $597 / m² price in Warrnambool. Properties with the most expensive price based upon to the number of bedrooms / m² are those with 2 bedrooms. They are 80 % more costly than the average value aforementioned.
With regard to the average price based upon the property in Warrnambool we can see that most expensive property type is "House" at a price of $373,304, they are 14 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 14 % 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 $601 / m². "House" at an average price of $601 / m² has the most expensive price and would be directed at more affluent cities.