The prices in real estate in Underwood, 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 Underwood has increased strongly during the last 6 months. In October, the average price per m² was $197. In November this price pretty much remained the same at a value of $197 per m². The price for the following two months in (December, January) had a considerable increment of 1291 %. The price per m² has increased 109 % 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 $1,370 to $1,491 during February, and March.
Based upon to the price in Underwood (suburbs), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $300,273. In November This price remains at $300,273. During the following two months (December, January) the average price had a considerable increase of 195 % 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 124 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 174 % more costly than the average price of $677,538 in Underwood. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 174 % more expensive than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 1127 % more costly than the average price of ($1,730 / m²) in Underwood. Properties with the most expensive price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 1127 % more costly than the average value aforementioned.
With regard to the average price based upon the property in Underwood we can see that most expensive property type is "House" at a price of $677,538, they are 174 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 174 % more expensive than the average price aforementioned.
According to the average area price by m² the most costly property type is "House with an average price of $1,730 / m². "House" at an average price of $1,730 / m² has the most expensive price and would be directed at more affluent cities.