How old is that house?

• The red (darkest) regions or spots represent older property
• Lighter the colors get, lesser the age of your house
• In central areas of Melbourne, most of the old houses are located in concentration.
• Suburb areas are less concentrated and have newer houses

Restaurants and Parks near me

• Correlation between Houses and People
• The bigger the circle, the more restaurants you have
• The greener the circle, the number of parks increases

Is Age related to Price?

• For a wide range in Age, the price remains the same
• Decision: Do not correlate age with price when you are investing in your property in Melbourne

More Insights on house prices

• The warmer the red, more is the price.
• The cooler the color, the lesser the price.
• The most expensive houses are in the dense central zone.
• If you are looking for cheaper options, you can look in thin zones which are in the away from the center.

Choosing the right suburb that suits you

• A straight comparison of the price of the house with respect to the suburb where it is located
• Are you looking for a posh area or just a regular one? This decides for you
• The average price in the richest suburb is almost double of the lowest prices suburb

Relation between the Type of the house and its price

• If it’s a bungalow in Melbourne, its probably relatively old and the priciest.
• Townhouse is new and the price is moderate
• Apartment are the cheapest

Family matters after all

• A direct correlation between the number of people and the number of children
• With increase in the number of children and people (adults), the number of houses in Melbourne also increases