Property prices for sale in Pallara (Queensland)
The prices in real estate in Pallara, 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 Pallara has increased strongly during the last 6 months. In October, the average price per m² was $463. In November this price pretty much remained the same at a value of $469 per m². The price for the following two months in (December, January) had a considerable increment of 130 %. The price per m² has had a considerable increase of 139 % 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 $535.25 to $745 during February, and March.
Based upon to the price in Pallara (suburbs), this has gone downing the last 6 months. In our first sample month during October, the average price is $592,590. In November This price remains at $593,916. During the following two months (December, January) the average price had a considerable increase of 119 % 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 $649,148.5 to $305,148.5, which means a 47 % fall.
