Property prices for sale in Serpentine (Western Australia)

The price per m² in Serpentine has increased strongly during the last 6 months. In October, the average price per m² was $18,527. In the following month the price per m² increased considerably to $182,632. The price for the following two months in (December, January) had a considerable decrease of 41 with regard to the prior two months. The price per m² has had a considerable deflation of 1 % 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 $70,685.25 to $533 during February, and March.

Based upon to the price in Serpentine (suburbs), these have remained the same in the last 6 months. In our first sample month during October, the average price is $948,674. In November This price remains at $945,000. In the following two months the average price has remained the same with regard to the previous two months from $946,837 to $978,000. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 86 %, going from $962,418.5 to $831,396 in February and March.