Property prices for sale in Redbank Plains (Queensland)
The prices in real estate in Redbank Plains, 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 Redbank Plains has had a strong decrease during the last 6 months. In October, the average price per m² was $1,907. In the following month the price per m² decreased considerably to $1,465. The price for the following two months in (December, January) had a considerable decrease of 57 with regard to the prior two months. The price per m² has had a considerable deflation of 29 % 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 $1,320.75 to $381.5 during February, and March.
Based upon to the price in Redbank Plains (suburbs), this has fallen considerably in the last 6 months. The average price for October is $1,594,830. During November the price had a slight fall till $1,383,650. During the following two months (December, January) the average price had a considerable reduction of 63 % 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 $1,211,511.25 to $339,835, which means a 28 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 8 % cheaper than the average price of $331,476 in Redbank Plains. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 8 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 122 % more costly than the average price of ($852 / m²) in Redbank Plains. Properties with the most expensive price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 122 % more costly than the average value aforementioned.
With regard to the average price based upon the property in Redbank Plains we can see that the cheapest property type is "House" at a price of $331,476, they are 8 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 8 % more affordable than the average price aforementioned.
According to the average area price by m² the most costly property type is "House with an average price of $852 / m². "House" at an average price of $852 / m² has the most expensive price and would be directed at more affluent cities.
