The prices in real estate in Oakhurst, in the Queensland region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per m² in Oakhurst has increased during the last 6 months. In November, the average price per m² was $148. In December this price pretty much remained the same at a value of $142 per m². The price for the following two months in (January, February) had a considerable increment of 173 %. The price per m² has had a considerable deflation of 36 % 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 $198.25 to $71.5 during March, and April.
Based upon to the price in Oakhurst (suburbs), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $330,499. In December This price remains at $330,410. During the following two months (January, February) the average price fell 95 % 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 $321,777 to $164,190, which means a 51 % fall.