The prices in real estate in Hamilton Island, 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 Hamilton Island has had a strong decrease during the last 6 months. In October, the average price per m² was $7,031. In the following month the price per m² decreased considerably to . In the following two months the price per m² has barely changed, going from $3,515.5 to $3,515.5 per m². The price per m² has had a considerable deflation of 0 % 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 $3,515.5 to during February, and March.
Based upon to the price in Hamilton Island (suburbs), this has fallen considerably in the last 6 months. The average price for October is $675,000. During November the price had a considerable reduction till . In the following two months the average price has remained the same with regard to the previous two months from $337,500 to $337,500. During the last two months the average price has had a strong fall compared to the previous four going from $337,500 to , which means a 0 % fall.