Property prices for sale in Kedron (Queensland)
The prices in real estate in Kedron, 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 Kedron has increased strongly during the last 6 months. In October, the average price per m² was $217. In the following month the price per m² increased considerably to $439. In the following two months the price per m² has increased 109 %, going from $328 to $358 per m². The price per m² has had a considerable deflation of 37 % 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 $343 to $125.5 during February, and March.
Based upon to the price in Kedron (suburbs), these have remained the same in the last 6 months. The average price during our first sample month during October, is $242,222. During November the price went through a considerable rise reaching $467,786. During the following two months (December, January) the average price had a considerable reduction of 82 % 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 $323,835.25 to $75,000, which means a 23 % fall.
