The prices in real estate in Bracken Ridge, 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 Bracken Ridge has increased strongly during the last 6 months. In July, the average price per m² was $945. In August this price pretty much remained the same at a value of $913 per m². The price for the following two months in (September, October) had a considerable increment of 116 %. The price per m² has had a considerable increase of 122 % 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 $1,001.75 to $1,221 during November, and December.
Based upon to the price in Bracken Ridge (suburbs), this has gone up in the last 6 months. In our first sample month during July, the average price is $470,667. In August This price remains at $480,120. During the following two months (September, October) the price has had an average incrementation from $475,393.5 to $519,949.5. 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 $497,671.5 and $499,706 between November and December.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 8 % cheaper than the average price of $452,336 in Bracken Ridge. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 8 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 18 % cheaper than the average price of ($916 / m²) in Bracken Ridge. Properties with the most affordable price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 18 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Bracken Ridge we can see that the cheapest property type is "House" at a price of $452,336, they are 8 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 8 % more affordable than the average price aforementioned.
According to the average area cost by m² the cheapest property type is "House with an average price of $916 / m². "House" with an average cost of $916 / m² has the lowest price and would be directed at less affluent cities.