Property prices for sale in Oak Beach (Queensland)
The prices in real estate in Oak Beach, 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 Oak Beach has had a strong decrease during the last 6 months. In October, the average price per m² was $1,271. In the following month the price per m² decreased to $1,095. In the following two months the price per m² has barely changed, going from $1,183 to $1,179 per m². 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 $1,181 to $895.5 during February, and March.
Based upon to the price in Oak Beach (suburbs), this has fallen considerably in the last 6 months. The average price for October is $1,428,333. During November the price had a slight fall till $1,348,571. During the following two months (December, January) the average price fell 91 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $1,326,177.75 to $767,533.5, which means a 58 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $538,041 they are 41 % more affordable than the average price for Oak Beach. The properties with the highest average price have 4 bedrooms, Their price is 53 % more costly than the average. After that we have properties with 3 bedrooms priced at $675,750.
With regard to the average price per m² , those properties with 2 bedrooms are the cheapest ones at a cost of $648 / m², with an average $724 / m² price in Oak Beach. The properties with the highest average prices have 1 bedroom. They are 46 % more expensive than the average followed by properties with 3 bedrooms with a price at $766 / m².
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $538,041 it is 32 % cheaper than the average price in Oak Beach. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $363,500 it is 186 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "Condo" at an average cost of $663 / m² followed by "House" priced at $1,341 / m². "House" is the most costly type of property with a $1,341 / m² cost followed by "Condo" with an average price of $663 / m².
