The prices in real estate in Bullsbrook, 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 Bullsbrook has increased strongly during the last 6 months. In November, the average price per m² was $612. In the following month the price per m² decreased considerably to $505. The price for the following two months in (January, February) had a considerable increment of 746 %. The price per m² has had a considerable deflation of 49 % 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 $2,362.75 to $1,159 during March, and April.
Based upon to the price in Bullsbrook (suburbs), this has gone up in the last 6 months. In our first sample month during November, the average price is $497,844. In December This price remains at $490,965. In the following two months the average price has remained the same with regard to the previous two months from $494,404.5 to $498,162.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 129 % during the last two months.