The prices in real estate in Rochedale, 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 Rochedale has increased strongly during the last 6 months. In October, the average price per m² was $432. In November this price pretty much remained the same at a value of $448 per m². In the following two months the price per m² has barely changed, going from $440 to $422.5 per m². The price per m² has had a considerable increase of 293 % 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 $431.25 to $1,263 during February, and March.
Based upon to the price in Rochedale (suburbs), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $373,070. In November This price remains at $391,393. In the following two months the average price has remained the same with regard to the previous two months from $382,231.5 to $381,771.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 184 % during the last two months.