Property prices for sale in Townsville (Queensland)
The prices in real estate in Townsville, in the Queensland region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per m² in Townsville has fallen in the last 6 months. In October, the average price per m² was $508. In November this price pretty much remained the same at a value of $507 per m². The price for the following two months in (December, January) had a considerable increment of 125 %. The price per m² has had a considerable deflation of 47 % 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 $570.5 to $270 during February, and March.
Based upon to the price in Townsville (suburbs), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $428,180. In November This price remains at $428,061. In the following two months the average price has remained the same with regard to the previous two months from $428,120.5 to $442,339.5. During the last two months the average price has had a strong fall compared to the previous four going from $435,230 to $223,060, which means a 51 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $446,120 they are 39 % more affordable than the average price for Townsville. The properties with the highest average price have 4 bedrooms, Their price is 62 % more costly than the average. After that we have properties with 3 bedrooms priced at $506,696.
With regard to the average price per m² , those properties with 3 bedrooms are the most costly ones at a cost of $558 / m², with an average $540 / m² price in Townsville. The properties with the highest average prices have 1 bedroom. They are 55 % more expensive than the average followed by properties with 2 bedrooms with a price at $642 / m².
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $446,120 it is 42 % cheaper than the average price in Townsville. "Flat" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $398,183 it is 9 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "Office" at an average cost of $393 / m² followed by "House" priced at $452 / m². "Condo" is the most costly type of property with a $632 / m² cost followed by "Flat" with an average price of $504 / m².
