The rent prices in real estate in Perth, in the Western Australia region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per m² in Perth has risen strongly during the last 6 months. In October, the average price per m² was $1.81. In the following month the price per m² fell to $1.67. The price for the following two months in (December, January) had a considerable rise of 173 %. The price per m² has had a considerable fall of 69 % 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 $2.37 to $1.64 during February, and March.
When referring to the price in Perth (suburbs), this has risen in the last 6 months. In our first sample month during October, the average price is $749. In November This price remains at $741. During the following two months (December, January) the average price had a considerable rise of 133 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 86 %, going from $867.5 to $750 in February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $728 they are 25 % more affordable than the average price for Perth . The properties with the highest average price have 4 bedrooms, Their price is 143 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,188.
With regard to the average price per m², those properties with 2 bedrooms are the most affordable ones at a cost of $1.41 / m², with an average $1.63 / m² price in Perth. The properties with the most expensive average prices have 4 bedrooms. They are 495 % more expensive than the average followed by properties with 3 bedrooms with a price at $2.5 / m².
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $728 it is 4 % more affordable than the average price in Perth. "" is seen as the second most affordable property type. The most expensive property type is "Villa" followed by "House". At a price of $1,295 it is 1034 % more expensive than the average price.
According to the average cost per m², the most affordable property is "Apartment" at an average price of $1.57 / m² followed by "House" priced at $3 / m². "Villa" is the most expensive type of property with a $96 / m² value followed by "House" with an average price of $3 / m².