The prices in real estate in Lamington, 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 Lamington has increased strongly during the last 6 months. In November, the average price per m² was $472. In December this price pretty much remained the same at a value of $467 per m². The price for the following two months in (January, February) had a considerable increment of 125 %. The price per m² has increased 106 % 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 $528.5 to $559.5 during March, and April.
Based upon to the price in Lamington (suburbs), this has gone up considerably in the last 6 months. The price in November is $411,194, rising in December till $439,025. During the following two months (January, February) the average price had a considerable increase of 115 % 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 gone up 112 % during the last two months.