The prices in real estate in Kangaroo Gully, 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 Kangaroo Gully has increased strongly during the last 6 months. In November, the average price per m² was $393. In the following month the price per m² increased considerably to $464. The price for the following two months in (January, February) had a considerable increment of 177 %. The price per m² has had a considerable increase of 122 % 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 $593 to $720.5 during March, and April.
Based upon to the price in Kangaroo Gully (suburbs), these have remained the same in the last 6 months. The price in November is $562,667, rising in December till $616,059. During the following two months (January, February) the average price had a considerable increase of 127 % 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 $669,741 to $294,500, which means a 44 % fall.