Property prices for sale in New Farm (Queensland)
The prices in real estate in New Farm, 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 New Farm has increased strongly during the last 6 months. In October, the average price per m² was $1,728. In the following month the price per m² decreased considerably to $110. The price for the following two months in (December, January) had a considerable increment of 411 %. The price per m² has had a considerable increase of 131 % 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 $2,350 to $3,088.5 during February, and March.
Based upon to the price in New Farm (suburbs), this has gone up considerably in the last 6 months. The average price for October is $160,121. During November the price had a considerable reduction till $77,458. During the following two months (December, January) the average price had a considerable increase of 219 % 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 277 % during the last two months.
