The prices in real estate in Chittering, 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 Chittering has increased strongly during the last 6 months. In November, the average price per m² was $415. In the following month the price per m² increased to $452. The price for the following two months in (January, February) had a considerable increment of 527 %. The price per m² has had a considerable increase of 1224 % 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 $1,358.5 to $16,632 during March, and April.
Based upon to the price in Chittering (suburbs), these have remained the same in the last 6 months. The price in November is $515,546, rising in December till $559,873. During the following two months (January, February) the price has had an average incrementation from $537,709.5 to $603,642.5. During the last two months the average price has had a strong fall compared to the previous four going from $570,676 to $409,500, which means a 72 % fall.