The prices in real estate in Redlynch, in the Queensland region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per m² in Redlynch has remained the same in the last 6 months. In October, the average price per m² was $346. In November this price pretty much remained the same at a value of $335 per m². The price for the following two months in (December, January) had a considerable decrease of 51 with regard to the prior two months. The price per m² has had a considerable increase of 205 % 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 $257.25 to $526.5 during February, and March.
Based upon to the price in Redlynch (suburbs), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $384,544. In November This price remains at $373,529. During the following two months (December, January) the average price had a considerable reduction of 50 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 140 % during the last two months.