The prices in real estate in Upper Mount Gravatt, 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 Upper Mount Gravatt has had a strong decrease during the last 6 months. In February, the average price per m² was $3,456. In the following month the price per m² decreased considerably to $1,614. The price for the following two months in (April, May) decreased 87 % with regard to the prior two months. The price per m² has had a considerable increase of 131 % 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 $2,373.25 to $3,098.5 during June, and July.
Based upon to the price in Upper Mount Gravatt (suburbs), this has gone downing the last 6 months. The average price for February is $551,518. During March the price had a slight fall till $494,000. In the following two months the average price has remained the same with regard to the previous two months from $522,759 to $539,242.5. 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 $531,000.75 and $512,346.5 between June and July.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 2 % more costly than the average price of $516,426 in Upper Mount Gravatt. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 2 % more expensive than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 4 % more costly than the average price of ($4,052 / 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 4 % 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 most expensive property type is "Apartment" at a price of $516,426, they are 2 % more costly than the average price of (!PRECIO2!). "Apartment" has the highest price. This price is 2 % more expensive 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 $4,052 / m². "Apartment" at an average price of $4,052 / m² has the most expensive price and would be directed at more affluent cities.