The prices in real estate in Goranba, 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 Goranba has remained the same in the last 6 months. In November, the average price per m² was $259. In the following month the price per m² increased to $273. The price for the following two months in (January, February) had a considerable increment of 133 %. The price per m² has had a considerable deflation of 51 % 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 $309.25 to $158.5 during March, and April.
Based upon to the price in Goranba (suburbs), this has gone downing the last 6 months. In our first sample month during November, the average price is $133,628. In December This price remains at $139,029. During the following two months (January, February) the average price had a considerable increase of 132 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $158,063 to $60,813, which means a 38 % fall.