Property prices for sale in Cape Burney (Western Australia)
The prices in real estate in Cape Burney, 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 Cape Burney has had a strong decrease during the last 6 months. In November, the average price per m² was $236. In December this price pretty much remained the same at a value of $247 per m². The price for the following two months in (January, February) had a considerable decrease of 50 with regard to the prior two months. The price per m² has increased 107 % 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 $181 to $194.5 during March, and April.
Based upon to the price in Cape Burney (suburbs), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $223,529. In December This price remains at $227,278. During the following two months (January, February) the average price had a considerable reduction of 41 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $158,801.75 and $156,400 between March and April.
