Property prices for sale in Warrnambool (Victoria)

The prices in real estate in Warrnambool, 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.

$620,640.5
Average price last 6 months
$1,515.17
Price/m² last 6 months
Average price per m2

The price per m² in Warrnambool has increased strongly during the last 6 months. In December, the average price per m² was $447. In the following month the price per m² increased considerably to $1,632. In the following two months the price per m² has increased 108 %, going from $1,039.5 to $1,120 per m². The price per m² has had a considerable increase of 221 % 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 $1,079.75 to $2,386 during April, and May.

Average price

Based upon to the price in Warrnambool (suburbs), this has gone up considerably in the last 6 months. The average price during our first sample month during December, is $454,084. During January the price went through a considerable rise reaching $581,800. In the following two months the average price has remained the same with regard to the previous two months from $517,942 to $531,138. Based on an analysis of the first four prices and the last two months the average price has risen strongly 155 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $795,859 they are 48 % more affordable than the average price for Warrnambool. The properties with the lowest average price have 4 bedrooms, Their price is 29 % cheaper than the average. After that we have properties with 3 bedrooms priced at $484,032.

With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of $523 / m², with an average $2,380 / m² price in Warrnambool. The properties with the lowest average prices have 1 bedroom. They are 36 % cheaper than the average followed by properties with 2 bedrooms with a price at $846 / m².

Price per property type

With regard to the average price based upon the property in Warrnambool we can see that the cheapest property type is "House" at a price of $431,731, they are 46 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 46 % more affordable than the average price aforementioned.

According to the average area cost by m² the cheapest property type is "House with an average price of $330 / m². "House" with an average cost of $330 / m² has the lowest price and would be directed at less affluent cities.

Charts data
Average price May
Average price per m² May
Number of properties used in Warrnambool
Number of properties used in region Victoria
$795,859
$2,380
1,074
212,298
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value