Property prices for sale in Forrestfield (Western Australia)
The prices in real estate in Forrestfield, in the Western Australia region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per m² in Forrestfield has increased during the last 6 months. In October, the average price per m² was $556. In the following month the price per m² increased to $621. The price for the following two months in (December, January) had a considerable increment of 134 %. The price per m² has had a considerable deflation of 64 % 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 $687.25 to $438.5 during February, and March.
Based upon to the price in Forrestfield (suburbs), this has gone downing the last 6 months. In our first sample month during October, the average price is $464,680. In November This price remains at $484,944. In the following two months the average price has remained the same with regard to the previous two months from $474,812 to $481,883.5. During the last two months the average price has had a strong fall compared to the previous four going from $478,347.75 to $295,333, which means a 62 % fall.
