The prices in real estate in Chinchilla, in the Queensland 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 Chinchilla has increased during the last 6 months. In October, the average price per m² was $284. In November this price pretty much remained the same at a value of $280 per m². The price for the following two months in (December, January) decreased 93 % with regard to the prior two months. The price per m² has had a considerable increase of 140 % 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 $271.5 to $380 during February, and March.
Based upon to the price in Chinchilla (suburbs), these have remained the same in the last 6 months. In our first sample month during October, the average price is $295,984. In November This price remains at $291,646. During the following two months (December, January) the average price fell 88 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 124 % during the last two months.