The prices in real estate in Bulgarra, in the Western Australia region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per m² in Bulgarra has fallen in the last 6 months. In October, the average price per m² was $892. In the following month the price per m² decreased to $773. The price for the following two months in (December, January) had a considerable increment of 118 %. The price per m² has had a considerable deflation of 81 % 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 $907.25 to $732.5 during February, and March.
Based upon to the price in Bulgarra (suburbs), this has gone up in the last 6 months. The average price during our first sample month during October, is $310,750. During November the price went through a considerable rise reaching $380,250. During the following two months (December, January) the average price had a considerable increase of 120 % 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 $379,519.25 to $256,855.5, which means a 68 % fall.