The prices in real estate in Port Denison, 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 Port Denison has increased strongly during the last 6 months. In November, the average price per m² was $245. In the following month the price per m² decreased considerably to $204. The price for the following two months in (January, February) had a considerable increment of 271 %. The price per m² has had a considerable deflation of 65 % 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 $416.25 to $268.5 during March, and April.
Based upon to the price in Port Denison (suburbs), this has gone downing the last 6 months. The average price for November is $295,188. During December the price had a slight fall till $268,276. During the following two months (January, February) the price has had an average incrementation from $281,732 to $306,858. During the last two months the average price has had a strong fall compared to the previous four going from $294,295 to $192,893, which means a 66 % fall.