The prices in real estate in Mundaring Dc, 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 Mundaring Dc has fallen in the last 6 months. In November, the average price per m² was $287. In December this price pretty much remained the same at a value of $293 per m². In the following two months the price per m² has barely changed, going from $290 to $295 per m². The price per m² has had a considerable deflation of 61 % 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 $292.5 to $179.5 during March, and April.
Based upon to the price in Mundaring Dc (suburbs), these have remained the same in the last 6 months. In our first sample month during November, the average price is $457,793. In December This price remains at $455,644. During the following two months (January, February) the average price had a considerable increase of 155 % 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 $582,464.25 to $170,687.5, which means a 29 % fall.