Property prices for sale in Hope Vale (Queensland)
The prices in real estate in Hope Vale, 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 Hope Vale has increased strongly during the last 6 months. In October, the average price per m² was $363. In November this price pretty much remained the same at a value of $363 per m². The price for the following two months in (December, January) had a considerable increment of 180 %. The price per m² has had a considerable increase of 767 % 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 $507.5 to $3,890.5 during February, and March.
Based upon to the price in Hope Vale (suburbs), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $355,937. In November This price remains at $356,187. During the following two months (December, January) the average price had a considerable increase of 169 % 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 174 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $682,143 they are 40 % more affordable than the average price for Hope Vale. The properties with the lowest average price have 1 bedroom, Their price is 27 % cheaper than the average. After that we have properties with 3 bedrooms priced at $438,650.
With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of $348 / m², with an average $6,618 / m² price in Hope Vale. The properties with the lowest average prices have 1 bedroom. They are 75 % cheaper than the average followed by properties with 2 bedrooms with a price at $699 / m².
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $682,143 it is 60 % cheaper than the average price in Hope Vale. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "Condo". At a price of $810,730 it is 19 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "House" at an average cost of $187 / m² followed by "Townhouse" priced at $2,088 / m². "Apartment" is the cheapest type of property with a $2,097 / m² value followed by "Condo" with an average price of $2,094 / m².
