Property prices for sale in Spencer Park (Western Australia)

The price per m² in Spencer Park has fallen in the last 6 months. In November, the average price per m² was $1,230. In the following month the price per m² decreased considerably to $993. The price for the following two months in (January, February) had a considerable increment of 156 %. The price per m² has had a considerable deflation of 27 % 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 $1,423.75 to $387 during March, and April.

Based upon to the price in Spencer Park (suburbs), this has fallen considerably in the last 6 months. The average price during our first sample month during November, is $523,250. During December the price went through a considerable rise reaching $727,000. During the following two months (January, February) the average price had a considerable reduction of 76 % 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 $549,170.5 to $249,000, which means a 45 % fall.