The average price in the Western Australia region has had an strong increase in recent months. There has been a strong inflation in the prices in this region.
The price per m² in Western Australia has increased strongly in the last 6 months. During September, the average price per m² was $385. The following month (October) the price increased to $430 per m². The following two months (November, December) there has been a deflation of 86 % in the price per m² with regard to the previous two. In the last two months, the price per m² has had a significant increase of 182 %. This has been obtained by comparing the price of $379 for the first four months of the sample with regard to the previous 4 months and the price of $690.5 per m² for the last two months (January, February).
Based upon to the price in Western Australia(region), these have remained the same in the last 6 months. In the first month sample September the average price is $365,377. In October the price was the same at $364,927. In the following two months the average price didn't change much compared to the previous two going from $365,152 to $348,657. During the last two months the price has risen 114 % compared to the previous average values going from $356,904.5 a $405,238.5 in January and February.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 46 % more affordable than the average price in Western Australia followed by those with 3 with an average price of $225,988. The most costly properties have 4 bedrooms. They are 5 % more expensive than the average followed by those properties with 2 bedrooms priced at $239,900.
Based on the average price per m² those properties with 3 bedrooms are the cheapest ones with a price of $276 / m² being $450 / m² the average value within the Western Australia region. The properties with the most expensive average price are those with 1 bedroom. These are 10 % more costly than the average followed by those with 2 bedrooms with a price of $446 / m².
The graph displaying the average price according to the property type shows "House" as the cheapest one. With an average cost of $319,976 it is 13 % more affordable than the average in Western Australia. This is followed by "Land" with a price of $286,694. The dearest property type is "Vacant Land" and is 224 % more expensive than the average, followed by "Apartment" with a cost of $488,263.
Based on the average cost per m² the cheapest property type is "House with a an average cost of $294 / m², followed by "Land" with a price of $442 / m². "Apartment" with an average price of $4,042 / m² is the most costly type of property followed by "Vacant Land" at a price of $1,892 / m².