The prices in real estate in Bellbird Park, 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 Bellbird Park has increased strongly during the last 6 months. In October, the average price per m² was $433. In the following month the price per m² increased to $460. In the following two months the price per m² has increased 114 %, going from $446.5 to $507.5 per m². The price per m² has had a considerable increase of 125 % 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 $477 to $594 during February, and March.
Based upon to the price in Bellbird Park (suburbs), this has gone up in the last 6 months. In our first sample month during October, the average price is $537,639. In November This price remains at $560,287. In the following two months the average price has remained the same with regard to the previous two months from $548,963 to $564,257.5. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % during the last two months.