The prices in real estate in Coorparoo, 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 Coorparoo has increased strongly during the last 6 months. In October, the average price per m² was $661. In the following month the price per m² decreased considerably to $484. The price for the following two months in (December, January) had a considerable decrease of 30 with regard to the prior two months. The price per m² has had a considerable increase of 974 % 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 $371.25 to $3,614.5 during February, and March.
Based upon to the price in Coorparoo (suburbs), this has gone up considerably in the last 6 months. The average price for October is $432,667. During November the price had a considerable reduction till $349,941. During the following two months (December, January) the average price had a considerable reduction of 39 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 577 % during the last two months.