The prices in real estate in Subiaco Po, 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 Subiaco Po has increased strongly during the last 6 months. In September, the average price per m² was $2,014. In October this price pretty much remained the same at a value of $2,017 per m². The price for the following two months in (November, December) had a considerable decrease of 45 with regard to the prior two months. The price per m² has had a considerable increase of 304 % 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 $1,465.75 to $4,463 during January, and February.
Based upon to the price in Subiaco Po (suburbs), these have remained the same in the last 6 months. The average price for September is $494,328. During October the price had a slight fall till $463,953. During the following two months (November, December) the average price had a considerable reduction of 79 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 156 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $673,111 they are 53 % more affordable than the average price for Subiaco Po. The properties with the highest average price have 3 bedrooms, Their price is 28 % more costly than the average. After that we have properties with 4 bedrooms priced at $526,744.
With regard to the average price per m² , those properties with 2 bedrooms are the cheapest ones at a cost of $770 / m², with an average $3,928 / m² price in Subiaco Po. The properties with the lowest average prices have 4 bedrooms. They are 58 % cheaper than the average followed by properties with 3 bedrooms with a price at $1,508 / m².
With regard to the average price based upon the property in Subiaco Po we can see that the cheapest property type is "Apartment" at a price of $578,341, they are 14 % more affordable than the average price of (!PRECIO2!). "Apartment" has the lowest price. This price is 14 % more affordable than the average price aforementioned.
According to the average area price by m² the most costly property type is "Apartment with an average price of $6,191 / m². "Apartment" at an average price of $6,191 / m² has the most expensive price and would be directed at more affluent cities.