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 November, the average price per m² was $684. In December this price pretty much remained the same at a value of $684 per m². The price for the following two months in (January, February) had a considerable decrease of 0 with regard to the prior two months. The price per m² has had a considerable increase of 1622 % 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 $342 to $5,546 during March, and April.
Based upon to the price in Newport (suburbs), these have remained the same in the last 6 months. In our first sample month during November, the average price is $863,404. In December This price remains at $863,404. During the following two months (January, February) the average price had a considerable reduction of 0 % 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 383 % during the last two months.
