The prices in real estate in Southport Bc, 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 Southport Bc has increased strongly during the last 6 months. In October, the average price per m² was $856. In November this price pretty much remained the same at a value of $861 per m². The price for the following two months in (December, January) had a considerable increment of 308 %. The price per m² has had a considerable increase of 195 % 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 $1,751.5 to $3,418.5 during February, and March.
Based upon to the price in Southport Bc (suburbs), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $537,547. In November This price remains at $541,996. During the following two months (December, January) the average price had a considerable increase of 137 % 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 331 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $3,298,333 they are 89 % more affordable than the average price for Southport Bc. The properties with the lowest average price have 3 bedrooms, Their price is 78 % cheaper than the average. After that we have properties with 4 bedrooms priced at $536,955.
With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of $606 / m², with an average $3,054 / m² price in Southport Bc. The properties with the lowest average prices have 1 bedroom. They are 62 % cheaper than the average followed by properties with 3 bedrooms with a price at $794 / m².