The prices in real estate in Eglinton, 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 Eglinton has increased strongly during the last 6 months. In October, the average price per m² was $588. In the following month the price per m² increased to $651. The price for the following two months in (December, January) had a considerable increment of 140 %. The price per m² has had a considerable increase of 177 % 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 $744.75 to $1,318.5 during February, and March.
Based upon to the price in Eglinton (suburbs), these have remained the same in the last 6 months. In our first sample month during October, the average price is $511,708. In November This price remains at $515,105. In the following two months the average price has remained the same with regard to the previous two months from $513,406.5 to $511,975.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $512,691 and $534,269.5 between February and March.