Property prices for sale in Mount Tarcoola (Western Australia)
The prices in real estate in Mount Tarcoola, 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 Mount Tarcoola has had a strong decrease during the last 6 months. In November, the average price per m² was $544. In December this price pretty much remained the same at a value of $563 per m². The price for the following two months in (January, February) had a considerable increment of 126 %. The price per m² has had a considerable deflation of 25 % 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 $625 to $158.5 during March, and April.
Based upon to the price in Mount Tarcoola (suburbs), this has fallen considerably in the last 6 months. The price in November is $425,917, rising in December till $449,800. During the following two months (January, February) the average price fell 94 % 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 $424,924.5 to $141,000, which means a 33 % fall.
