Property prices for sale in Balcatta (Western Australia)

The price per m² in Balcatta has had a strong decrease during the last 6 months. In October, the average price per m² was $2,233. In November this price pretty much remained the same at a value of $2,230 per m². The price for the following two months in (December, January) decreased 88 % with regard to the prior two months. The price per m² has had a considerable deflation of 79 % 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 $2,098 to $1,665 during February, and March.

Based upon to the price in Balcatta (suburbs), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $258,374. In November This price remains at $258,115. During the following two months (December, January) the average price had a considerable increase of 167 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $345,275.25 to $280,500, which means a 81 % fall.