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 September, the average price per m² was . In the following month the price per m² increased considerably to $1,057. The price for the following two months in (November, December) had a considerable increment of 170 %. The price per m² has had a considerable deflation of 0 % 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 $712.5 to during January, and February.
Based upon to the price in Bracken Ridge (suburbs), this has gone up considerably in the last 6 months. The average price during our first sample month during September, is . During October the price went through a considerable rise reaching $539,750. During the following two months (November, December) the average price had a considerable increase of 213 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $422,115 to , which means a 0 % fall.