Property prices for sale in Blue Mountain (Queensland)
The prices in real estate in Blue Mountain, 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 Blue Mountain has increased strongly during the last 6 months. In November, the average price per m² was $241. In the following month the price per m² increased considerably to $479. In the following two months the price per m² has increased 114 %, going from $360 to $411.5 per m². The price per m² has decreased 94 % 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 $385.75 to $362.5 during March, and April.
Based upon to the price in Blue Mountain (suburbs), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $319,667. During December the price went through a considerable rise reaching $527,985. During the following two months (January, February) the price has had an average incrementation from $423,826 to $473,570.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $448,698.25 and $427,108.5 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $319,347 they are 36 % more affordable than the average price for Blue Mountain. The properties with the highest average price have 4 bedrooms, Their price is 88 % more costly than the average. After that we have properties with 3 bedrooms priced at $458,271.
With regard to the average price per m² , those properties with 4 bedrooms are the most costly ones at a cost of $541 / m², with an average $240 / m² price in Blue Mountain. The properties with the highest average prices have 1 bedroom. They are 209 % more expensive than the average followed by properties with 2 bedrooms with a price at $598 / m².
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $319,347 it is 2 % cheaper than the average price in Blue Mountain. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $312,287 it is 84 % more expensive than the average price.
According to the average cost per m², the most expensive property type would be "Condo" at an average cost of $476 / m² followed by "House" priced at $485 / m². "House" is the most costly type of property with a $485 / m² cost followed by "Condo" with an average price of $476 / m².
