The prices in real estate in Upper Mount Gravatt, 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 Upper Mount Gravatt has increased strongly during the last 6 months. In May, the average price per m² was $1,951. In the following month the price per m² increased considerably to $2,294. The price for the following two months in (July, August) had a considerable increment of 173 %. The price per m² has decreased 89 % 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 $2,896.5 to $2,579.5 during September, and October.
Based upon to the price in Upper Mount Gravatt (suburbs), this has fallen considerably in the last 6 months. The average price for May is $589,110. During June the price had a slight fall till $518,818. During the following two months (July, August) the average price fell 86 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $513,919.5 and $509,458.5 between September and October.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 4 % cheaper than the average price of $514,877 in Upper Mount Gravatt. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 4 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 111 % more costly than the average price of ($4,037 / m²) in Upper Mount Gravatt. Properties with the most expensive price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 111 % more costly than the average value aforementioned.
With regard to the average price based upon the property in Upper Mount Gravatt we can see that the cheapest property type is "Apartment" at a price of $514,877, they are 4 % more affordable than the average price of (!PRECIO2!). "Apartment" has the lowest price. This price is 4 % more affordable than the average price aforementioned.
According to the average area price by m² the most costly property type is "Apartment with an average price of $4,037 / m². "Apartment" at an average price of $4,037 / m² has the most expensive price and would be directed at more affluent cities.