The prices in real estate in Piara Waters, 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 Piara Waters has increased strongly during the last 6 months. In November, the average price per m² was $624. In the following month the price per m² decreased to $547. The price for the following two months in (January, February) had a considerable increment of 314 %. The price per m² has barely changed in the last two months compared to the average price of the previous four months going from an average price of $1,213.25 to $1,160 during March y April
Based upon to the price in Piara Waters (suburbs), this has gone downing the last 6 months. In our first sample month during November, the average price is $564,994. In December This price remains at $566,824. In the following two months the average price has remained the same with regard to the previous two months from $565,909 to $552,955.5. During the last two months the average price has had a strong fall compared to the previous four going from $559,432.25 to $373,839, which means a 67 % fall.