Property prices for sale in Gold Coast (Queensland)
The prices in real estate in Gold Coast, 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 Gold Coast has increased strongly during the last 6 months. In November, the average price per m² was $651. In December this price pretty much remained the same at a value of $660 per m². The price for the following two months in (January, February) had a considerable increment of 178 %. The price per m² has had a considerable increase of 347 % 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 $910.25 to $3,156.5 during March, and April.
Based upon to the price in Gold Coast (suburbs), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is $634,493. In December This price remains at $609,436. During the following two months (January, February) the average price had a considerable increase of 133 % 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 194 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,541,340 they are 78 % more affordable than the average price for Gold Coast. The properties with the lowest average price have 4 bedrooms, Their price is 53 % cheaper than the average. After that we have properties with 3 bedrooms priced at $517,756.
With regard to the average price per m² , those properties with 3 bedrooms are the cheapest ones at a cost of $606 / m², with an average $3,173 / m² price in Gold Coast. The properties with the lowest average prices have 1 bedroom. They are 69 % cheaper than the average followed by properties with 2 bedrooms with a price at $825 / m².
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,541,340 it is 60 % cheaper than the average price in Gold Coast. "House" is seen as the second most affordable property type. The dearest property type is "Acreage" followed by "Villa". At a price of $1,781,223 it is 22 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "Land" at an average cost of $624 / m² followed by "House" priced at $669 / m². "Apartment" is the most costly type of property with a $127,247 / m² cost followed by "Acreage" with an average price of $14,642 / m².
