Property prices for sale in Nolba (Western Australia)
The prices in real estate in Nolba, 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 Nolba has had a strong decrease during the last 6 months. In November, the average price per m² was $894. In the following month the price per m² decreased considerably to $157. The price for the following two months in (January, February) had a considerable decrease of 43 with regard to the prior two months. The price per m² has had a considerable increase of 162 % 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 $375.75 to $607.5 during March, and April.
Based upon to the price in Nolba (suburbs), this has fallen considerably in the last 6 months. The average price for November is $730,000. During December the price had a considerable reduction till $255,556. During the following two months (January, February) the average price had a considerable reduction of 62 % 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 140 % during the last two months.
