The prices in real estate in Downsfield, 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 Downsfield has had a strong decrease during the last 6 months. In November, the average price per m² was $605. In the following month the price per m² decreased considerably to $298. The price for the following two months in (January, February) had a considerable decrease of 64 with regard to the prior two months. The price per m² has had a considerable increase of 184 % 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 $369.5 to $679.5 during March, and April.
Based upon to the price in Downsfield (suburbs), this has gone downing the last 6 months. The average price for November is $623,224. During December the price had a considerable reduction till $432,377. During the following two months (January, February) the average price had a considerable reduction of 82 % 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 145 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 83 % cheaper than the average price of $159,840 in Downsfield. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 83 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 40 % cheaper than the average price of ($598 / m²) in Downsfield. Properties with the most affordable price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 40 % cheaper than the average value aforementioned.