Property prices for sale in Castletown (Western Australia)
The prices in real estate in Castletown, 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 Castletown has increased strongly during the last 6 months. In November, the average price per m² was $218. In the following month the price per m² increased considerably to $291. The price for the following two months in (January, February) had a considerable increment of 214 %. The price per m² has had a considerable deflation of 77 % 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 $399.5 to $308.5 during March, and April.
Based upon to the price in Castletown (suburbs), these have remained the same in the last 6 months. In our first sample month during November, the average price is $362,571. In December This price remains at $363,242. During the following two months (January, February) the average price had a considerable increase of 128 % 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 $413,756.75 to $250,500, which means a 61 % fall.
