The prices in real estate in West Gladstone, 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 West Gladstone has increased strongly during the last 6 months. In October, the average price per m² was $354. In the following month the price per m² decreased to $310. The price for the following two months in (December, January) had a considerable increment of 259 %. The price per m² has had a considerable deflation of 41 % 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 $595.5 to $245.5 during February, and March.
Based upon to the price in West Gladstone (suburbs), this has fallen considerably in the last 6 months. The average price for October is $288,133. During November the price had a slight fall till $272,688. During the following two months (December, January) the price has had an average incrementation from $280,410.5 to $299,559.5. During the last two months the average price has had a strong fall compared to the previous four going from $289,985 to $169,833.5, which means a 59 % fall.