Property prices for sale in Withcott (Queensland)
The prices in real estate in Withcott, 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 Withcott has increased strongly during the last 6 months. In October, the average price per m² was $838. In the following month the price per m² decreased to $785. The price for the following two months in (December, January) had a considerable increment of 123 %. The price per m² has had a considerable increase of 524 % 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 $905.5 to $4,749 during February, and March.
Based upon to the price in Withcott (suburbs), this has gone up considerably in the last 6 months. The average price for October is $499,511. During November the price had a slight fall till $472,649. During the following two months (December, January) the average price had a considerable increase of 128 % 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 166 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $1,658,388 they are 85 % more affordable than the average price for Withcott. The properties with the lowest average price have 1 bedroom, Their price is 80 % cheaper than the average. After that we have properties with 2 bedrooms priced at $292,207.
With regard to the average price per m² , those properties with 3 bedrooms are the cheapest ones at a cost of $344 / m², with an average $9,120 / m² price in Withcott. The properties with the lowest average prices have 4 bedrooms. They are 75 % cheaper than the average followed by properties with 1 bedroom with a price at $1,168 / m².
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $1,658,388 it is 89 % cheaper than the average price in Withcott. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $919,081 it is 40 % more affordable than the average price.
According to the average cost per m², the cheapest property type is "Land" at an average cost of $9 / m² followed by "Condo" priced at $101 / m². "Townhouse" is the cheapest type of property with a $5,280 / m² value followed by "Apartment" with an average price of $4,833 / m².
