The prices in real estate in Fortitude Valley, in the Queensland region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per m² in Fortitude Valley has remained the same in the last 6 months. In July, the average price per m² was $6,148. In August this price pretty much remained the same at a value of $6,290 per m². In the following two months the price per m² has increased 105 %, going from $6,219 to $6,531.5 per m². The price per m² has barely changed in the last two months compared to the average price of the previous four months going from an average price of $6,375.25 to $6,392 during November y December
Based upon to the price in Fortitude Valley (suburbs), this has fallen considerably in the last 6 months. The average price for July is $1,205,429. During August the price had a considerable reduction till $725,375. In the following two months the average price has remained the same with regard to the previous two months from $965,402 to $950,958.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $958,180.25 and $944,379.5 between November and December.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,083,859 they are 73 % more affordable than the average price for Fortitude Valley. The properties with the highest average price have 3 bedrooms, Their price is 33 % more costly than the average. After that we have properties with 4 bedrooms priced at $542,468.
With regard to the average price per m² , those properties with 1 bedroom are the cheapest ones at a cost of $4,943 / m², with an average $6,309 / m² price in Fortitude Valley. The properties with the highest average prices have 3 bedrooms. They are 23 % more expensive than the average followed by properties with 4 bedrooms with a price at $7,497 / m².
With regard to the average price based upon the property in Fortitude Valley we can see that the cheapest property type is "Apartment" at a price of $542,468, they are 50 % more affordable than the average price of (!PRECIO2!). "Apartment" has the lowest price. This price is 50 % more affordable than the average price aforementioned.
According to the average area price by m² the most costly property type is "Apartment with an average price of $7,497 / m². "Apartment" at an average price of $7,497 / m² has the most expensive price and would be directed at more affluent cities.