Property prices for sale in Kingaroy (Queensland)
The prices in real estate in Kingaroy, in the Queensland region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per m² in Kingaroy has had a strong decrease during the last 6 months. In October, the average price per m² was $331. In the following month the price per m² decreased to $313. In the following two months the price per m² has barely changed, going from $322 to $308.5 per m². The price per m² has had a considerable deflation of 69 % 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 $315.25 to $219 during February, and March.
Based upon to the price in Kingaroy (suburbs), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $352,873. In November This price remains at $339,323. In the following two months the average price has remained the same with regard to the previous two months from $346,098 to $357,506.5. During the last two months the average price has had a strong fall compared to the previous four going from $351,802.25 to $215,625, which means a 61 % fall.
