The prices in real estate in Gatton, in the Queensland region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per m² in Gatton has had a strong decrease during the last 6 months. In October, the average price per m² was $653. In the following month the price per m² decreased considerably to $511. The price for the following two months in (December, January) decreased 91 % with regard to the prior two months. The price per m² has barely changed in the last two months compared to the average price of the previous four months going from an average price of $555.25 to $541.5 during February y March
Based upon to the price in Gatton (suburbs), this has gone up considerably in the last 6 months. The price in October is $390,500, rising in November till $415,733. During the following two months (December, January) the price has had an average incrementation from $403,116.5 to $425,942. Based on an analysis of the first four prices and the last two months the average price has risen strongly 145 % during the last two months.