The prices in real estate in Clackline, 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 Clackline has increased strongly during the last 6 months. In November, the average price per m² was $566. In the following month the price per m² increased considerably to $5,306. 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 13 % 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 $4,603.25 to $592 during March, and April.
Based upon to the price in Clackline (suburbs), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $539,150. In December This price remains at $513,820. During the following two months (January, February) the average price had a considerable reduction of 60 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 86 %, going from $420,773.75 to $360,416.5 in March and April.