Property prices for sale in Capella (Queensland)
The prices in real estate in Capella, in the Queensland region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per m² in Capella has had a strong decrease during the last 6 months. In November, the average price per m² was $11,194. In the following month the price per m² decreased considerably to $363. The price for the following two months in (January, February) had a considerable increment of 208 %. The price per m² has had a considerable deflation of 2 % 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 $8,902.5 to $173 during March, and April.
Based upon to the price in Capella (suburbs), this has fallen considerably in the last 6 months. The average price for November is $389,778. During December the price had a considerable reduction till $314,875. During the following two months (January, February) the average price had a considerable reduction of 68 % 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 $295,850.75 to $196,603, which means a 66 % fall.
