The prices in real estate in Glenvale, 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 Glenvale has increased strongly during the last 6 months. In October, the average price per m² was $544. In November this price pretty much remained the same at a value of $544 per m². The price for the following two months in (December, January) had a considerable increment of 159 %. 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 $705.25 to $675.5 during February y March
Based upon to the price in Glenvale (suburbs), this has gone downing the last 6 months. In our first sample month during October, the average price is $539,373. In November This price remains at $541,922. During the following two months (December, January) the price has had an average incrementation from $540,647.5 to $619,609. During the last two months the average price has had a strong fall compared to the previous four going from $580,128.25 to $337,741, which means a 58 % fall.