The prices in real estate in Mount Helena, in the Western Australia region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per m² in Mount Helena has fallen in the last 6 months. In October, the average price per m² was $3,722. In the following month the price per m² decreased considerably to $314. The price for the following two months in (December, January) had a considerable decrease of 7 with regard to the prior two months. The price per m² has had a considerable increase of 752 % 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 $1,081.25 to $8,129 during February, and March.
Based upon to the price in Mount Helena (suburbs), this has fallen considerably in the last 6 months. The average price for October is $425,714. During November the price had a slight fall till $400,719. During the following two months (December, January) the average price had a considerable reduction of 44 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 139 % during the last two months.