Property prices for sale in Binningup (Western Australia)
The prices in real estate in Binningup, in the Western Australia region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per m² in Binningup has increased during the last 6 months. In November, the average price per m² was $264. In the following month the price per m² increased considerably to $317. The price for the following two months in (January, February) had a considerable increment of 130 %. The price per m² has had a considerable deflation of 60 % 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 $334.5 to $201 during March, and April.
Based upon to the price in Binningup (suburbs), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $347,643. In December This price remains at $339,750. During the following two months (January, February) the average price fell 95 % 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 $334,635.75 to $190,850, which means a 57 % fall.
