Property prices for sale in Joondanna (Western Australia)
The prices in real estate in Joondanna, 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 Joondanna has had a strong decrease during the last 6 months. In October, the average price per m² was $802. In the following month the price per m² decreased considerably to $252. In the following two months the price per m² has increased 109 %, going from $527 to $572.5 per m². The price per m² has had a considerable deflation of 22 % 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 $549.75 to $119.5 during February, and March.
Based upon to the price in Joondanna (suburbs), this has fallen considerably in the last 6 months. The average price for October is $224,636. During November the price had a considerable reduction till $175,412. During the following two months (December, January) the average price had a considerable reduction of 66 % 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 $166,223.5 to $69,541, which means a 42 % fall.
