The prices in real estate in Banksia Grove, in the Western Australia 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 Banksia Grove has increased strongly during the last 6 months. In November, the average price per m² was $337. In the following month the price per m² increased considerably to $390. The price for the following two months in (January, February) had a considerable increment of 172 %. The price per m² has had a considerable increase of 146 % 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 $494 to $723 during March, and April.
Based upon to the price in Banksia Grove (suburbs), these have remained the same in the last 6 months. The price in November is $300,692, rising in December till $321,740. In the following two months the average price has remained the same with regard to the previous two months from $311,216 to $311,263. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $311,239.5 and $315,419 between March and April.