Property prices for sale in Bluff Point (Western Australia)
The prices in real estate in Bluff Point, 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 Bluff Point has had a strong decrease during the last 6 months. In October, the average price per m² was $913. In the following month the price per m² decreased considerably to $615. The price for the following two months in (December, January) had a considerable decrease of 67 with regard to the prior two months. The price per m² has had a considerable deflation of 50 % 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 $638.25 to $319 during February, and March.
Based upon to the price in Bluff Point (suburbs), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $398,875. In November This price remains at $416,000. In the following two months the average price has remained the same with regard to the previous two months from $407,437.5 to $408,381. During the last two months the average price has had a strong fall compared to the previous four going from $407,909.25 to $213,500, which means a 52 % fall.
