Property prices for sale in Middleton Beach (Western Australia)
The prices in real estate in Middleton Beach, 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 Middleton Beach has had a strong decrease during the last 6 months. In November, the average price per m² was $2,278. In the following month the price per m² decreased to $2,066. The price for the following two months in (January, February) decreased 91 % with regard to the prior two months. The price per m² has had a considerable deflation of 69 % 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 $2,077.5 to $1,440.5 during March, and April.
Based upon to the price in Middleton Beach (suburbs), this has fallen considerably in the last 6 months. The average price for November is $1,443,111. During December the price had a slight fall till $1,300,444. During the following two months (January, February) the average price had a considerable reduction of 84 % 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 $1,262,707.5 to $637,375, which means a 50 % fall.
