The prices in real estate in Mira Mar, 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 Mira Mar has increased strongly during the last 6 months. In November, the average price per m² was $679. In December this price pretty much remained the same at a value of $682 per m². The price for the following two months in (January, February) had a considerable increment of 150 %. The price per m² has barely changed in the last two months compared to the average price of the previous four months going from an average price of $850.5 to $808 during March y April
Based upon to the price in Mira Mar (suburbs), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $550,588. In December This price remains at $551,625. In the following two months the average price has remained the same with regard to the previous two months from $551,106.5 to $564,889. During the last two months the average price has had a strong fall compared to the previous four going from $557,997.75 to $276,437.5, which means a 50 % fall.