The prices in real estate in Lynwood, 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 Lynwood has had a strong decrease during the last 6 months. In November, the average price per m² was $348. In the following month the price per m² decreased considerably to $206. In the following two months the price per m² has increased 112 %, going from $277 to $310 per m². The price per m² has had a considerable deflation of 0 % 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 $293.5 to during March, and April.
Based upon to the price in Lynwood (suburbs), this has fallen considerably in the last 6 months. The average price for November is $388,768. During December the price had a considerable reduction till $308,022. During the following two months (January, February) the average price had a considerable reduction of 82 % 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 $316,905.25 to , which means a 0 % fall.