The prices in real estate in Hope Valley, 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 Hope Valley has increased strongly during the last 6 months. In October, the average price per m² was $234. In the following month the price per m² decreased considerably to $150. The price for the following two months in (December, January) had a considerable increment of 201 %. The price per m² has had a considerable increase of 148 % 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 $288.5 to $426.5 during February, and March.
Based upon to the price in Hope Valley (suburbs), this has gone up considerably in the last 6 months. The average price for October is $274,778. During November the price had a considerable reduction till $216,750. During the following two months (December, January) the average price had a considerable increase of 164 % 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 133 % during the last two months.