The prices in real estate in Fig Tree Pocket, 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 Fig Tree Pocket has increased strongly during the last 6 months. In September, the average price per m² was $491. In October this price pretty much remained the same at a value of $493 per m². The price for the following two months in (November, December) had a considerable increment of 124 %. The price per m² has had a considerable increase of 196 % 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 $550.5 to $1,080 during January, and February.
Based upon to the price in Fig Tree Pocket (suburbs), this has gone up considerably in the last 6 months. In our first sample month during September, the average price is $453,036. In October This price remains at $452,441. During the following two months (November, December) the average price had a considerable increase of 118 % 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 241 % during the last two months.