Property prices for sale in Magnetic Island (Queensland)

The prices in real estate in Magnetic Island, in the Queensland region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.

$555,872.67
Average price last 6 months
$577
Price/m² last 6 months
Average price per m2

The price per m² in Magnetic Island has remained the same in the last 6 months. In October, the average price per m² was $556. In November this price pretty much remained the same at a value of $557 per m². In the following two months the price per m² has barely changed, going from $556.5 to $568.5 per m². The price per m² has increased 108 % 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 $562.5 to $606 during February, and March.

Average price

Based upon to the price in Magnetic Island (suburbs), these have remained the same in the last 6 months. In our first sample month during October, the average price is $553,319. In November This price remains at $545,631. In the following two months the average price has remained the same with regard to the previous two months from $549,475 to $533,984.5. Based on an analysis of the first four prices and the last two months the average price has gone up 108 % during the last two months.

Average price per bedrooms

The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 51 % cheaper than the average price of $294,077 in Magnetic Island. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 51 % more affordable than the average aforementioned.

With regard to the average prices per m² those properties with 1 bedroom are 64 % more costly than the average price of ($1,004 / m²) in Magnetic Island. Properties with the most expensive price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 64 % more costly than the average value aforementioned.

Charts data
Average price March
Average price per m² March
Number of properties used in Magnetic Island
Number of properties used in region Queensland
$601,167
$612
778
200,390
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value