Property prices for sale in Victoria region

The price per m² in Victoria has risen considerably in the last 6 months. During October, the average price per m² was $2,042. The following month the price decreased to $1,860 per m². The following two months (December, January) went through a considerable deflation of 57 % in the price per m² with regard to the previous two. In the last two months, the price per m² has increased 111 %. This has been obtained by comparing the price $1,527 for the first four months of the sample with regard to the previous 4 months and the price $1,698.5 per m² for the last two months (February, March).

Based upon to the price in Victoria(region), this has increased in the last 6 months. In the first month sample October the average price is $557,097. In November the price was the same at $553,110. The average price for the following two months (December, January) increased from $555,103.5 to $611,321.5. During the last two months the price has risen 107 % compared to the previous average values going from $583,212.5 a $625,885 in February and March.

The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 55 % more affordable than the average price in Victoria followed by those with 2 with an average price of $432,603. The most costly properties have 4 bedrooms. They are 23 % more expensive than the average followed by those properties with 3 bedrooms priced at $549,120.

Based on the average price per m² those properties with 3 bedrooms are the cheapest ones with a price of $663 / m² being $2,001 / m² the average value within the Victoria region. The properties with the cheapest average price are those with 1 bedroom. These are 50 % lower than the average followed by those with 2 bedrooms with a price of $846 / m².

The graph displaying the average price according to the property type shows "Office" as the cheapest one. With an average cost of $691,208 it is 41 % more affordable than the average in Victoria. This is followed by "House" with a price of $507,977. The dearest property type is "Apartment" and is 60 % more expensive than the average, followed by "Townhouse" with a cost of $761,117.

Based on the average cost per m² the cheapest property type is "Office with a an average cost of $683 / m², followed by "House" with a price of $691 / m². "Retail" with an average price of $23,009 / m² is the most costly type of property followed by "Apartment" at a price of $10,302 / m².