The prices in real estate in Russell Island, 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 Russell Island has increased strongly during the last 6 months. In September, the average price per m² was . In the following month the price per m² increased considerably to . The price for the following two months in (November, December) had a considerable increment of 2147483647 %. The price per m² has had a considerable increase of 145 % 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 $65 to $94 during January, and February.
Based upon to the price in Russell Island (suburbs), this has gone up considerably in the last 6 months. The average price during our first sample month during September, is . During October the price went through a considerable rise reaching . During the following two months (November, December) the average price had a considerable increase of 2147483647 % 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 149 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most expensive price has 3 bedrooms. It is 285 % more costly than the average price of $261,184 in Russell Island. Based on the bedrooms values, properties with the highest prices are those with 3 bedrooms. They are 285 % more expensive than the average aforementioned.
With regard to the average prices per m² those properties with 3 bedrooms are 298 % more costly than the average price of ($370 / m²) in Russell Island. Properties with the most expensive price based upon to the number of bedrooms / m² are those with 3 bedrooms. They are 298 % more costly than the average value aforementioned.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $67,800 it is 26 % cheaper than the average price in Russell Island. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $50,077 it is 283 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "Land" at an average cost of $74 / m² followed by "House" priced at $370 / m². "House" is the most costly type of property with a $370 / m² cost followed by "Land" with an average price of $74 / m².