The prices in real estate in Maida Vale, in the Western Australia region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per m² in Maida Vale has fallen in the last 6 months. In November, the average price per m² was $515. In the following month the price per m² decreased considerably to $429. The price for the following two months in (January, February) had a considerable decrease of 81 with regard to the prior two months. The price per m² has had a considerable increase of 129 % 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 $426 to $551 during March, and April.
Based upon to the price in Maida Vale (suburbs), this has gone up in the last 6 months. The average price for November is $408,000. During December the price had a slight fall till $379,813. During the following two months (January, February) the average price had a considerable reduction of 73 % 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 risen strongly 197 % during the last two months.