The prices in real estate in Bracken Ridge, in the Queensland region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per m² in Bracken Ridge has fallen in the last 6 months. In February, the average price per m² was $1,109. In the following month the price per m² increased to $1,186. In the following two months the price per m² has barely changed, going from $1,147.5 to $1,141.5 per m². The price per m² has had a considerable deflation of 76 % 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 $1,144.5 to $866 during June, and July.
Based upon to the price in Bracken Ridge (suburbs), these have remained the same in the last 6 months. In our first sample month during February, the average price is $520,676. In March This price remains at $528,977. In the following two months the average price has remained the same with regard to the previous two months from $524,826.5 to $533,261.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $529,044 to $498,113.5 in June and July.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 10 % cheaper than the average price of $449,176 in Bracken Ridge. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 10 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 4 % more costly than the average price of ($909 / m²) in Bracken Ridge. Properties with the most expensive price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 4 % more costly 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 $449,176, they are 10 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 10 % more affordable than the average price aforementioned.
According to the average area price by m² the most costly property type is "House with an average price of $909 / m². "House" at an average price of $909 / m² has the most expensive price and would be directed at more affluent cities.