The prices in real estate in Kallangur, 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 Kallangur has increased strongly during the last 6 months. In October, the average price per m² was $334. In the following month the price per m² decreased to $314. The price for the following two months in (December, January) had a considerable increment of 210 %. The price per m² has had a considerable increase of 321 % 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 $502.25 to $1,612 during February, and March.
Based upon to the price in Kallangur (suburbs), this has fallen considerably in the last 6 months. The average price for October is $314,486. During November the price had a slight fall till $295,054. During the following two months (December, January) the average price had a considerable reduction of 80 % 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 $273,988.75 to $221,812.5, which means a 81 % fall.