The prices in real estate in Collie, 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 Collie has increased strongly during the last 6 months. In October, the average price per m² was $253. In November this price pretty much remained the same at a value of $265 per m². The price for the following two months in (December, January) had a considerable increment of 138 %. The price per m² has increased 113 % 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 $308.75 to $348 during February, and March.
Based upon to the price in Collie (suburbs), this has gone downing the last 6 months. In our first sample month during October, the average price is $262,831. In November This price remains at $264,231. During the following two months (December, January) the price has had an average incrementation from $263,531 to $293,892.5. During the last two months the average price has had a strong fall compared to the previous four going from $278,711.75 to $146,916.5, which means a 53 % fall.