The prices in real estate in Floreat, 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 Floreat has increased strongly during the last 6 months. In October, the average price per m² was . In the following month the price per m² increased considerably to . The price for the following two months in (December, January) had a considerable increment of 2147483647 %. The price per m² has had a considerable deflation of 32 % 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 $523.75 to $168 during February, and March.
Based upon to the price in Floreat (suburbs), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is . During November the price went through a considerable rise reaching . During the following two months (December, January) the average price had a considerable increase of 2147483647 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 162 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $86,411 they are 88 % more affordable than the average price for Floreat. The properties with the highest average price have 2 bedrooms, Their price is 90 % more costly than the average. After that we have properties with 3 bedrooms priced at $82,500.
With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of $9 / m², with an average $159 / m² price in Floreat. The properties with the highest average prices have 2 bedrooms. They are 96 % more expensive than the average followed by properties with 1 bedroom with a price at $215 / m².
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $86,411 it is 88 % cheaper than the average price in Floreat. "Condo" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "House". At a price of $10,000 it is 61 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "House" at an average cost of $10 / m² followed by "Condo" priced at $265 / m². "Condo" is the most costly type of property with a $265 / m² cost followed by "House" with an average price of $10 / m².