Property prices for sale in Morayfield (Queensland)
The prices in real estate in Morayfield, 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 Morayfield has increased strongly during the last 6 months. In October, the average price per m² was $441. In November this price pretty much remained the same at a value of $462 per m². In the following two months the price per m² has increased 111 %, going from $451.5 to $502.5 per m². The price per m² has had a considerable increase of 178 % 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 $477 to $851 during February, and March.
Based upon to the price in Morayfield (suburbs), this has gone up in the last 6 months. In our first sample month during October, the average price is $535,598. In November This price remains at $548,485. During the following two months (December, January) the price has had an average incrementation from $542,041.5 to $571,642. Based on an analysis of the first four prices and the last two months the average price has gone up 114 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 36 % cheaper than the average price of $386,550 in Morayfield. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 36 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 31 % cheaper than the average price of ($671 / m²) in Morayfield. Properties with the most affordable price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 31 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $604,285 it is 36 % cheaper than the average price in Morayfield. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Land". At a price of $385,004 it is 36 % more affordable than the average price.
According to the average cost per m², the cheapest property type is "Land" at an average cost of $667 / m² followed by "House" priced at $671 / m². "House" is the cheapest type of property with a $671 / m² value followed by "Land" with an average price of $667 / m².
