Property prices for sale in Tanah Merah (Queensland)
The prices in real estate in Tanah Merah, 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 Tanah Merah has increased strongly during the last 6 months. In November, the average price per m² was $236. In the following month the price per m² increased to $253. The price for the following two months in (January, February) had a considerable increment of 160 %. The price per m² has had a considerable deflation of 74 % 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 $318 to $235 during March, and April.
Based upon to the price in Tanah Merah (suburbs), this has gone up considerably in the last 6 months. The average price for November is $311,000. During December the price had a slight fall till $290,000. During the following two months (January, February) the average price had a considerable increase of 152 % 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 $378,146.75 to $310,689, which means a 82 % fall.
