Property prices for sale in South Gladstone (Queensland)
The prices in real estate in South Gladstone, 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 South Gladstone has increased strongly during the last 6 months. In October, the average price per m² was $437. In the following month the price per m² increased to $498. The price for the following two months in (December, January) had a considerable increment of 245 %. The price per m² has had a considerable deflation of 61 % 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 $806.75 to $492.5 during February, and March.
Based upon to the price in South Gladstone (suburbs), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $302,792. In November This price remains at $299,880. During the following two months (December, January) the average price fell 88 % 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 $283,290.25 to $165,500, which means a 58 % fall.
