Property prices for sale in Smithfield (Queensland)
The prices in real estate in Smithfield, 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 Smithfield has increased strongly during the last 6 months. In October, the average price per m² was $311. In November this price pretty much remained the same at a value of $305 per m². In the following two months the price per m² has increased 111 %, going from $308 to $341.5 per m². The price per m² has had a considerable increase of 134 % 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 $324.75 to $436 during February, and March.
Based upon to the price in Smithfield (suburbs), these have remained the same in the last 6 months. In our first sample month during October, the average price is $369,755. In November This price remains at $364,244. In the following two months the average price has remained the same with regard to the previous two months from $366,999.5 to $350,082.5. Based on an analysis of the first four prices and the last two months the average price has gone up 114 % during the last two months.
