The prices in real estate in Edge Hill, 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 Edge Hill has increased strongly during the last 6 months. In March, the average price per m² was . In the following month the price per m² increased considerably to . The price for the following two months in (May, June) had a considerable increment of 2147483647 %. The price per m² has had a considerable increase of 515 % 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 $123 to $633.5 during July, and August.
Based upon to the price in Edge Hill (suburbs), this has gone up considerably in the last 6 months. The average price during our first sample month during March, is . During April the price went through a considerable rise reaching . During the following two months (May, June) the average price had a considerable increase of 2147483647 % 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 478 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $168,620 they are 64 % more affordable than the average price for Edge Hill. The properties with the highest average price have 4 bedrooms, Their price is 78 % more costly than the average. After that we have properties with 3 bedrooms priced at $264,567.
With regard to the average price per m² , those properties with 2 bedrooms are the cheapest ones at a cost of $119 / m², with an average $493 / m² price in Edge Hill. The properties with the lowest average prices have 1 bedroom. They are 17 % cheaper than the average followed by properties with 3 bedrooms with a price at $314 / m².
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $168,620 it is 49 % cheaper than the average price in Edge Hill. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $85,474 it is 55 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "Condo" at an average cost of $184 / m² followed by "House" priced at $255 / m². "House" is the cheapest type of property with a $255 / m² value followed by "Condo" with an average price of $184 / m².