Property prices for sale in Mount Lawley (Western Australia)
The prices in real estate in Mount Lawley, 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 Mount Lawley has increased strongly during the last 6 months. In November, the average price per m² was $1,022. In the following month the price per m² decreased considerably to $803. The price for the following two months in (January, February) had a considerable increment of 238 %. The price per m² has increased 115 % 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 $1,540.25 to $1,768.5 during March, and April.
Based upon to the price in Mount Lawley (suburbs), this has gone up considerably in the last 6 months. The price in November is $352,736, rising in December till $397,983. In the following two months the average price has remained the same with regard to the previous two months from $375,359.5 to $370,619. Based on an analysis of the first four prices and the last two months the average price has risen strongly 214 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,464,667 they are 99 % more affordable than the average price for Mount Lawley. The properties with the lowest average price have 3 bedrooms, Their price is 61 % cheaper than the average. After that we have properties with 4 bedrooms priced at $286,891.
With regard to the average price per m² , those properties with 1 bedroom are the cheapest ones at a cost of $32 / m², with an average $3,264 / m² price in Mount Lawley. The properties with the lowest average prices have 4 bedrooms. They are 58 % cheaper than the average followed by properties with 3 bedrooms with a price at $783 / m².
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $1,464,667 it is 79 % cheaper than the average price in Mount Lawley. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $312,092 it is 75 % more affordable than the average price.
According to the average cost per m², the cheapest property type is "House" at an average cost of $521 / m² followed by "Apartment" priced at $5,096 / m². "Apartment" is the most costly type of property with a $5,096 / m² cost followed by "House" with an average price of $521 / m².
