Property prices for sale in Bertram (Western Australia)
The prices in real estate in Bertram, in the Western Australia region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per m² in Bertram has had a strong decrease during the last 6 months. In October, the average price per m² was $624. In the following month the price per m² decreased considerably to $213. In the following two months the price per m² has barely changed, going from $418.5 to $417.5 per m². The price per m² has had a considerable deflation of 30 % 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 $418 to $126.5 during February, and March.
Based upon to the price in Bertram (suburbs), this has gone up considerably in the last 6 months. The average price for October is $186,500. During November the price had a considerable reduction till $114,000. During the following two months (December, January) the average price had a considerable increase of 257 % 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 $268,459.5 to $146,354, which means a 55 % fall.
