Property prices for sale in Waikiki (Western Australia)
The prices in real estate in Waikiki, in the Western Australia region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per m² in Waikiki has remained the same in the last 6 months. In October, the average price per m² was $501. In the following month the price per m² decreased to $436. The price for the following two months in (December, January) had a considerable increment of 117 %. The price per m² has decreased 91 % 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 $508.5 to $461.5 during February, and March.
Based upon to the price in Waikiki (suburbs), this has fallen considerably in the last 6 months. The average price for October is $430,466. During November the price had a slight fall till $403,666. During the following two months (December, January) the average price fell 90 % 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 $395,276.5 to $245,153.5, which means a 62 % fall.
