The prices in real estate in Cowaramup, 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 Cowaramup has increased strongly during the last 6 months. In October, the average price per m² was $172. In the following month the price per m² decreased to $162. The price for the following two months in (December, January) had a considerable increment of 354 %. The price per m² has had a considerable increase of 169 % 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 $379 to $639.5 during February, and March.
Based upon to the price in Cowaramup (suburbs), this has gone downing the last 6 months. The average price for October is $478,725. During November the price had a slight fall till $446,711. During the following two months (December, January) the average price had a considerable increase of 121 % 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 $511,105.75 to $353,143, which means a 69 % fall.