Property prices for sale in Hester (Western Australia)
The prices in real estate in Hester, in the Western Australia region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per m² in Hester has had a strong decrease during the last 6 months. In November, the average price per m² was $589. In the following month the price per m² decreased considerably to $482. The price for the following two months in (January, February) had a considerable decrease of 73 with regard to the prior two months. The price per m² has had a considerable deflation of 31 % 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 $464.5 to $146 during March, and April.
Based upon to the price in Hester (suburbs), this has fallen considerably in the last 6 months. The average price for November is $757,500. During December the price had a considerable reduction till $518,313. During the following two months (January, February) the average price had a considerable reduction of 67 % 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 $533,791.25 to $174,609.5, which means a 33 % fall.
