Property prices for sale in Rivervale (Western Australia)

The price per m² in Rivervale has increased strongly during the last 6 months. In October, the average price per m² was $1,220. In the following month the price per m² decreased to $1,150. The price for the following two months in (December, January) had a considerable increment of 208 %. The price per m² has had a considerable deflation of 51 % 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 $1,822.25 to $925.5 during February, and March.

Based upon to the price in Rivervale (suburbs), this has gone downing the last 6 months. In our first sample month during October, the average price is $438,584. In November This price remains at $431,360. In the following two months the average price has remained the same with regard to the previous two months from $434,972 to $422,531.5. During the last two months the average price has had a strong fall compared to the previous four going from $428,751.75 to $342,575.5, which means a 80 % fall.

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $321,385 they are 16 % more affordable than the average price for Rivervale. The properties with the highest average price have 3 bedrooms, Their price is 118 % more costly than the average. After that we have properties with 4 bedrooms priced at $564,035.

With regard to the average price per m² , those properties with 2 bedrooms are the cheapest ones at a cost of $480 / m², with an average $688 / m² price in Rivervale. The properties with the highest average prices have 4 bedrooms. They are 812 % more expensive than the average followed by properties with 1 bedroom with a price at $950 / m².

The graph displaying the average prices displays the property type "Villa" as the most affordable one. At an cost of $321,385 it is 10 % cheaper than the average price in Rivervale. "Condo" is seen as the second most affordable property type. The dearest property type is "House And Land" followed by "Apartment". At a price of $569,804 it is 87 % more expensive than the average price.

According to the average cost per m², the cheapest property type is "House" at an average cost of $680 / m² followed by "Condo" priced at $701 / m². "Apartment" is the most costly type of property with a $5,806 / m² cost followed by "House And Land" with an average price of $1,840 / m².