The rent prices in real estate in Albany, in the Western Australia region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per m² in Albany has had a strong fall during the last 6 months. In October, the average price per m² was $4.58. In the following month the price per m² fell to $4.31. In the following two months the price per m² has practically remained the same, going from $4.45 to $4.24 per m². The price per m² has had a considerable fall of 0 % 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 $4.35 to during February, and March.
When referring to the price in Albany (suburbs), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $5,595. In November This price remains at $5,524. During the following two months (December, January) the average price had a considerable fall of 84 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $5,123.5 to $238.5, which means a 5 % fall.