The prices in real estate in Gladstone, in the Southland 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 Gladstone has increased during the last 6 months. In November, the average price per m² was $3,417. In December this price pretty much remained the same at a value of $3,485 per m². In the following two months the price per m² has increased 106 %, going from $3,451 to $3,651.5 per m². The price per m² has increased 109 % 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 $3,551.25 to $3,869.5 during March, and April.
Based upon to the price in Gladstone (suburbs), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is $557,240. In December This price remains at $567,590. During the following two months (January, February) the average price had a considerable increase of 126 % 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 116 % during the last two months.