Property prices for sale in Newport (Queensland)
The prices in real estate in Newport, 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 Newport has increased strongly during the last 6 months. In October, the average price per m² was $657. In November this price pretty much remained the same at a value of $684 per m². The price for the following two months in (December, January) had a considerable decrease of 51 with regard to the prior two months. The price per m² has had a considerable increase of 548 % 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 $506.25 to $2,773 during February, and March.
Based upon to the price in Newport (suburbs), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $833,268. In November This price remains at $863,404. During the following two months (December, January) the average price had a considerable reduction of 51 % 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 129 % during the last two months.
