Property prices for sale in Western Australia region
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 October, the average price per m² was $430. The following month (November) the price had a considerable deflation reaching $350 per m². In the following two months (December, January) the price per m² has risen strongly to a 164 %. In the last two months, the price per m² has had a significant decrease of 82 %. This has been obtained by comparing the price of $515.5 for the first four months of the sample with regard to the previous 4 months and the price of $420.5 per m² for the last two months (February, March).
Based upon to the price in Western Australia(region), these have remained the same in the last 6 months. In the first month sample October the average price is $364,927. In November the price was the same at $350,488. The price in the following months (December, January) had a strong increment of 117 % going from $357,707.5 to $418,663.5. During the last two months the price has had a considerable reduction of 83 % with respect to the previous four months going from $388,185.5 a $322,257.
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 $211,826. The cheapest properties have 4 bedrooms. They are 11 % cheaper than the average followed by those properties with 2 bedrooms priced at $244,494.
Based on the average price per m² those properties with 4 bedrooms are the cheapest ones with a price of $223 / m² being $391 / m² the average value within the Western Australia region. The properties with the most expensive average price are those with 1 bedroom. These are 29 % more costly than the average followed by those with 2 bedrooms with a price of $433 / m².
The graph displaying the average price according to the property type shows "House" as the cheapest one. With an average cost of $324,538 it is 33 % more affordable than the average in Western Australia. This is followed by "Office" with a price of $250,609. The dearest property type is "Vacant Land" and is 219 % more expensive than the average, followed by "Apartment" with a cost of $466,333.
Based on the average cost per m² the cheapest property type is "House with a an average cost of $168 / m², followed by "Office" with a price of $486 / m². "Apartment" with an average price of $5,335 / m² is the most costly type of property followed by "Vacant Land" at a price of $1,890 / m².
