Property prices for sale in Port Douglas (Queensland)
The prices in real estate in Port Douglas, 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 Port Douglas has increased strongly during the last 6 months. In October, the average price per m² was $827. In November this price pretty much remained the same at a value of $842 per m². The price for the following two months in (December, January) had a considerable increment of 196 %. The price per m² has had a considerable increase of 192 % 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 $1,236 to $2,377 during February, and March.
Based upon to the price in Port Douglas (suburbs), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $594,913. In November This price remains at $582,200. During the following two months (December, January) the average price had a considerable reduction of 77 % 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 $521,894 to $354,833.5, which means a 68 % fall.
