The prices in real estate in Hawthorne, 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 Hawthorne has increased strongly during the last 6 months. In October, the average price per m² was $59. In the following month the price per m² increased considerably to $214. The price for the following two months in (December, January) had a considerable increment of 1025 %. The price per m² has had a considerable increase of 710 % 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 $767.5 to $5,450.5 during February, and March.
Based upon to the price in Hawthorne (suburbs), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $132,000. During November the price went through a considerable rise reaching $166,343. During the following two months (December, January) the average price had a considerable increase of 481 % 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 risen strongly 488 % during the last two months.