Property prices for sale in Innaloo (Western Australia)
The prices in real estate in Innaloo, 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 Innaloo has increased strongly during the last 6 months. In October, the average price per m² was $572. In the following month the price per m² increased to $626. The price for the following two months in (December, January) had a considerable increment of 206 %. The price per m² has had a considerable deflation of 25 % 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 $915.5 to $228 during February, and March.
Based upon to the price in Innaloo (suburbs), this has gone downing the last 6 months. The price in October is $372,686, rising in November till $392,603. During the following two months (December, January) the average price had a considerable increase of 125 % 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 $430,974 to $179,237.5, which means a 42 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $176,669 they are 94 % more affordable than the average price for Innaloo. The properties with the highest average price have 2 bedrooms, Their price is 69 % more costly than the average. After that we have properties with 3 bedrooms priced at $150,720.
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 $221 / m² price in Innaloo. The properties with the highest average prices have 2 bedrooms. They are 100 % more expensive than the average followed by properties with 3 bedrooms with a price at $148 / m².
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $176,669 it is 56 % cheaper than the average price in Innaloo. "Condo" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "House". At a price of $77,000 it is 76 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "House" at an average cost of $84 / m² followed by "Condo" priced at $343 / m². "Condo" is the most costly type of property with a $343 / m² cost followed by "House" with an average price of $84 / m².
