Property prices for sale in Shelley (Western Australia)
The prices in real estate in Shelley, 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 Shelley has increased strongly during the last 6 months. In October, the average price per m² was $648. In the following month the price per m² decreased to $606. The price for the following two months in (December, January) had a considerable increment of 203 %. The price per m² has had a considerable deflation of 40 % 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 $950 to $380 during February, and March.
Based upon to the price in Shelley (suburbs), this has gone up considerably in the last 6 months. The average price for October is $443,377. During November the price had a considerable reduction till $360,875. During the following two months (December, January) the average price had a considerable increase of 229 % 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 $661,799 to $416,071.5, which means a 63 % fall.
