Property prices for sale in Fortitude Valley (Queensland)

The price per m² in Fortitude Valley has increased strongly during the last 6 months. In October, the average price per m² was $889. In the following month the price per m² increased considerably to $1,156. In the following two months the price per m² has increased 111 %, going from $1,022.5 to $1,135 per m². The price per m² has had a considerable increase of 370 % 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 $1,078.75 to $3,996.5 during February, and March.

Based upon to the price in Fortitude Valley (suburbs), this has gone downing the last 6 months. The average price for October is $375,050. During November the price had a slight fall till $353,381. During the following two months (December, January) the average price had a considerable reduction of 81 % 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 gone up 108 % during the last two months.

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $431,556 they are 29 % more affordable than the average price for Fortitude Valley. Based on the bedrooms values, properties with the highest prices are those with 3 bedrooms. They are 4 % more expensive than the average aforementioned.

With regard to the average price per m² , those properties with 2 bedrooms are the cheapest ones at a cost of $759 / m², with an average $5,440 / m² price in Fortitude Valley. Properties with the most affordable price based upon to the number of bedrooms / m² are those with 3 bedrooms. They are 12 % cheaper than the average value aforementioned.