The prices in real estate in Auchenflower, 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 Auchenflower has increased strongly during the last 6 months. In October, the average price per m² was $622. In the following month the price per m² decreased considerably to $510. The price for the following two months in (December, January) had a considerable increment of 246 %. The price per m² has had a considerable increase of 185 % 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 $978.25 to $1,809.5 during February, and March.
Based upon to the price in Auchenflower (suburbs), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $356,138. In November This price remains at $352,786. During the following two months (December, January) the average price had a considerable increase of 324 % 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 220 % 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 $351,494 they are 36 % more affordable than the average price for Auchenflower. The properties with the highest average price have 3 bedrooms, Their price is 238 % more costly than the average. After that we have properties with 4 bedrooms priced at $1,106,892.
With regard to the average price per m² , those properties with 2 bedrooms are the cheapest ones at a cost of $478 / m², with an average $500 / m² price in Auchenflower. The properties with the highest average prices have 3 bedrooms. They are 165 % more expensive than the average followed by properties with 4 bedrooms with a price at $952 / m².
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $351,494 it is 18 % cheaper than the average price in Auchenflower. "Apartment" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "House". At a price of $288,960 it is 54 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "Apartment" at an average cost of $380 / m² followed by "House" priced at $650 / m². "House" is the most costly type of property with a $650 / m² cost followed by "Apartment" with an average price of $380 / m².