The prices in real estate in Banksia Beach, in the Queensland 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 Banksia Beach has increased strongly during the last 6 months. In October, the average price per m² was $651. In the following month the price per m² decreased to $582. The price for the following two months in (December, January) had a considerable increment of 164 %. The price per m² has had a considerable increase of 135 % 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 $814 to $1,096 during February, and March.
Based upon to the price in Banksia Beach (suburbs), this has gone up in the last 6 months. In our first sample month during October, the average price is $837,485. In November This price remains at $823,844. During the following two months (December, January) the price has had an average incrementation from $830,664.5 to $898,583.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 120 % during the last two months.