Property prices for sale in Manjimup (Western Australia)
The prices in real estate in Manjimup, 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 Manjimup has increased strongly during the last 6 months. In October, the average price per m² was $338. In the following month the price per m² increased considerably to $15,906. The price for the following two months in (December, January) had a considerable decrease of 5 with regard to the prior two months. The price per m² has had a considerable deflation of 5 % 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 $4,250.25 to $223 during February, and March.
Based upon to the price in Manjimup (suburbs), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $352,125. In November This price remains at $349,750. In the following two months the average price has remained the same with regard to the previous two months from $350,937.5 to $345,278. During the last two months the average price has had a strong fall compared to the previous four going from $348,107.75 to $218,333.5, which means a 63 % fall.
