The prices in real estate in Garbutt, 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 Garbutt has increased strongly during the last 6 months. In November, the average price per m² was . In the following month the price per m² increased considerably to $1,756. The price for the following two months in (January, February) had a considerable increment of 185 %. The price per m² has had a considerable increase of 171 % 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 $1,251.5 to $2,145 during March, and April.
Based upon to the price in Garbutt (suburbs), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is . During December the price went through a considerable rise reaching $893,333. During the following two months (January, February) the average price had a considerable increase of 225 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from $725,609.75 to $665,000 in March and April.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 49 % cheaper than the average price of $280,805 in Garbutt. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 49 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 72 % cheaper than the average price of ($618 / m²) in Garbutt. Properties with the most affordable price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 72 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Garbutt we can see that the cheapest property type is "Warehouse" at a price of $280,805, they are 49 % more affordable than the average price of (!PRECIO2!). "Warehouse" has the lowest price. This price is 49 % more affordable than the average price aforementioned.
According to the average area cost by m² the cheapest property type is "Warehouse with an average price of $618 / m². "Warehouse" with an average cost of $618 / m² has the lowest price and would be directed at less affluent cities.