Property prices for sale in Brisbane (Queensland)
The prices in real estate in Brisbane, 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 Brisbane has increased strongly during the last 6 months. In October, the average price per m² was $762. In the following month the price per m² decreased considerably to $475. The price for the following two months in (December, January) had a considerable increment of 231 %. The price per m² has had a considerable increase of 233 % 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 $1,025 to $2,384 during February, and March.
Based upon to the price in Brisbane (suburbs), this has gone up in the last 6 months. The average price for October is $413,154. During November the price had a slight fall till $351,517. During the following two months (December, January) the price has had an average incrementation from $382,335.5 to $425,258.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 132 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $595,588 they are 44 % more affordable than the average price for Brisbane. The properties with the highest average price have 4 bedrooms, Their price is 3 % more costly than the average. After that we have properties with 1 bedroom priced at $436,113.
With regard to the average price per m² , those properties with 3 bedrooms are the cheapest ones at a cost of $390 / m², with an average $3,603 / m² price in Brisbane. The properties with the lowest average prices have 1 bedroom. They are 6 % cheaper than the average followed by properties with 2 bedrooms with a price at $605 / m².
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $595,588 it is 44 % cheaper than the average price in Brisbane. "Villa" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "Apartment". At a price of $674,325 it is 14 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "House" at an average cost of $398 / m² followed by "Condo" priced at $650 / m². "Apartment" is the most costly type of property with a $8,991 / m² cost followed by "Townhouse" with an average price of $2,988 / m².
