The prices in real estate in Tiaro, in the Queensland region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per m² in Tiaro has had a strong decrease during the last 6 months. In November, the average price per m² was $490. In the following month the price per m² decreased to $436. The price for the following two months in (January, February) had a considerable decrease of 77 with regard to the prior two months. The price per m² has barely changed in the last two months compared to the average price of the previous four months going from an average price of $409.25 to $420 during March y April
Based upon to the price in Tiaro (suburbs), these have remained the same in the last 6 months. In our first sample month during November, the average price is $434,527. In December This price remains at $449,629. In the following two months the average price has remained the same with regard to the previous two months from $442,078 to $427,628. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $434,853 to $405,415 in March and April.