Property prices for sale in Hermit Park (Queensland)

The price per m² in Hermit Park has fallen in the last 6 months. In October, the average price per m² was $373. In November this price pretty much remained the same at a value of $366 per m². In the following two months the price per m² has increased 113 %, going from $369.5 to $417.5 per m². The price per m² has had a considerable deflation of 59 % 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 $393.5 to $233.5 during February, and March.

Based upon to the price in Hermit Park (suburbs), this has gone downing the last 6 months. In our first sample month during October, the average price is $312,103. In November This price remains at $310,425. During the following two months (December, January) the price has had an average incrementation from $311,264 to $341,244. During the last two months the average price has had a strong fall compared to the previous four going from $326,254 to $185,064.5, which means a 57 % fall.