The prices in real estate in Brisbane, in the Queensland region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per m² in Brisbane has increased during the last 6 months. In September, the average price per m² was $970. In the following month the price per m² increased considerably to $1,119. In the following two months the price per m² has barely changed, going from $1,044.5 to $1,049 per m². The price per m² has barely changed in the last two months compared to the average price of the previous four months going from an average price of $1,046.75 to $1,057.5 during January y February
Based upon to the price in Brisbane (suburbs), these have remained the same in the last 6 months. In our first sample month during September, the average price is $483,728. In October This price remains at $500,291. In the following two months the average price has remained the same with regard to the previous two months from $492,009.5 to $507,135. 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 $499,572.25 and $502,176 between January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $498,937 they are 29 % more affordable than the average price for Brisbane. The properties with the highest average price have 4 bedrooms, Their price is 7 % more costly than the average. After that we have properties with 3 bedrooms priced at $452,299.
With regard to the average price per m² , those properties with 3 bedrooms are the cheapest ones at a cost of $992 / m², with an average $1,086 / m² price in Brisbane. The properties with the highest average prices have 1 bedroom. They are 396 % more expensive than the average followed by properties with 2 bedrooms with a price at $2,492 / m².
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $498,937 it is 33 % cheaper than the average price in Brisbane. "Land" is seen as the second most affordable property type. The dearest property type is "Industrial" followed by "House". At a price of $509,219 it is 7 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "Office" at an average cost of $596 / m² followed by "House" priced at $992 / m². "Land" is the most costly type of property with a $24,804 / m² cost followed by "Apartment" with an average price of $4,173 / m².