Property prices for sale in Marangaroo (Western Australia)

The price per m² in Marangaroo has had a strong decrease during the last 6 months. In October, the average price per m² was $726. In the following month the price per m² decreased considerably to $526. The price for the following two months in (December, January) had a considerable decrease of 76 with regard to the prior two months. The price per m² has had a considerable deflation of 29 % 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 $551.75 to $161 during February, and March.

Based upon to the price in Marangaroo (suburbs), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $413,313. In November This price remains at $429,889. In the following two months the average price has remained the same with regard to the previous two months from $421,601 to $405,914.5. During the last two months the average price has had a strong fall compared to the previous four going from $413,757.75 to $172,845, which means a 42 % fall.