Property prices for sale in Mckail (Western Australia)
The prices in real estate in Mckail, in the Western Australia region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per m² in Mckail has remained the same in the last 6 months. In November, the average price per m² was $420. In the following month the price per m² decreased to $396. The price for the following two months in (January, February) had a considerable increment of 134 %. The price per m² has had a considerable deflation of 73 % 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 $477.5 to $350 during March, and April.
Based upon to the price in Mckail (suburbs), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $451,273. In December This price remains at $429,783. In the following two months the average price has remained the same with regard to the previous two months from $440,528 to $435,578. During the last two months the average price has had a strong fall compared to the previous four going from $438,053 to $246,227.5, which means a 56 % fall.
