The prices in real estate in Wellington Point, in the Queensland region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per m² in Wellington Point has increased during the last 6 months. In October, the average price per m² was $416. In November this price pretty much remained the same at a value of $425 per m². The price for the following two months in (December, January) had a considerable increment of 117 %. The price per m² has decreased 92 % 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 $457.25 to $420.5 during February, and March.
Based upon to the price in Wellington Point (suburbs), this has gone up in the last 6 months. In our first sample month during October, the average price is $482,186. In November This price remains at $496,067. During the following two months (December, January) the average price had a considerable increase of 120 % with regard to the previous two months. 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 $538,240.75 to $500,196 in February and March.