The prices in real estate in Girrawheen, in the Western Australia region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per m² in Girrawheen has fallen in the last 6 months. In October, the average price per m² was $465. In the following month the price per m² decreased to $411. In the following two months the price per m² has barely changed, going from $438 to $432 per m². The price per m² has had a considerable deflation of 84 % 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 $435 to $365.5 during February, and March.
Based upon to the price in Girrawheen (suburbs), this has fallen considerably in the last 6 months. The average price for October is $381,648. During November the price had a considerable reduction till $295,963. During the following two months (December, January) the average price fell 95 % 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 $329,843.5 to $260,115, which means a 79 % fall.