The prices in real estate in Canning Vale, 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 Canning Vale has increased strongly during the last 6 months. In September, the average price per m² was $469. In the following month the price per m² increased considerably to $815. The price for the following two months in (November, December) had a considerable decrease of 81 with regard to the prior two months. The price per m² has had a considerable increase of 347 % 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 $581.75 to $2,021.5 during January, and February.
Based upon to the price in Canning Vale (suburbs), this has gone up considerably in the last 6 months. The average price during our first sample month during September, is $394,507. During October the price went through a considerable rise reaching $508,756. In the following two months the average price has remained the same with regard to the previous two months from $451,631.5 to $454,565. Based on an analysis of the first four prices and the last two months the average price has risen strongly 160 % during the last two months.