The prices in real estate in Bucasia, 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 Bucasia has fallen in the last 6 months. In October, the average price per m² was $400. In November this price pretty much remained the same at a value of $396 per m². In the following two months the price per m² has barely changed, going from $398 to $383.5 per m². The price per m² has decreased 94 % 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 $390.75 to $366.5 during February, and March.
Based upon to the price in Bucasia (suburbs), this has gone up in the last 6 months. In our first sample month during October, the average price is $373,887. In November This price remains at $374,715. In the following two months the average price has remained the same with regard to the previous two months from $374,301 to $387,257. Based on an analysis of the first four prices and the last two months the average price has risen strongly 120 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $471,094 they are 79 % more affordable than the average price for Bucasia. The properties with the highest average price have 4 bedrooms, Their price is 12 % more costly than the average. After that we have properties with 3 bedrooms priced at $375,215.
With regard to the average price per m² , those properties with 1 bedroom are the cheapest ones at a cost of $314 / m², with an average $374 / m² price in Bucasia. The properties with the highest average prices have 2 bedrooms. They are 56 % more expensive than the average followed by properties with 4 bedrooms with a price at $468 / m².
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $471,094 it is 65 % cheaper than the average price in Bucasia. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $166,044 it is 10 % more affordable than the average price.
According to the average cost per m², the most expensive property type would be "House" at an average cost of $396 / m² followed by "Condo" priced at $405 / m². "Condo" is the most costly type of property with a $405 / m² cost followed by "House" with an average price of $396 / m².