The prices in real estate in Ashgrove West, 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 Ashgrove West has increased strongly during the last 6 months. In November, the average price per m² was $417. In December this price pretty much remained the same at a value of $417 per m². The price for the following two months in (January, February) had a considerable increment of 366 %. The price per m² has had a considerable deflation of 49 % 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 $972 to $472 during March, and April.
Based upon to the price in Ashgrove West (suburbs), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is $388,625. In December This price remains at $388,625. During the following two months (January, February) the average price had a considerable increase of 386 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $944,461.5 to $390,009.5, which means a 41 % fall.