Property prices for sale in Quinns Rocks (Western Australia)
The prices in real estate in Quinns Rocks, 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 Quinns Rocks has had a strong decrease during the last 6 months. In October, the average price per m² was $967. In the following month the price per m² decreased considerably to $574. The price for the following two months in (December, January) had a considerable decrease of 38 with regard to the prior two months. The price per m² has had a considerable deflation of 29 % 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 $531.25 to $155.5 during February, and March.
Based upon to the price in Quinns Rocks (suburbs), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $352,188. In November This price remains at $355,255. During the following two months (December, January) the average price fell 86 % 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 $329,552.5 to $175,401, which means a 53 % fall.
