The prices in real estate in Millstream, 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 Millstream has had a strong decrease during the last 6 months. In November, the average price per m² was $15,023. In the following month the price per m² decreased considerably to . The price for the following two months in (January, February) had a considerable increment of 255 %. The price per m² has had a considerable deflation of 76 % 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 $13,325 to $10,133 during March, and April.
Based upon to the price in Millstream (suburbs), this has fallen considerably in the last 6 months. The average price for November is $353,000. During December the price had a considerable reduction till . During the following two months (January, February) the average price had a considerable increase of 127 % 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 135 % during the last two months.