The rent prices in real estate in Bassendean, in the New South Wales 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 Bassendean has had a strong fall during the last 6 months. In October, the average price per m² was $3.49. In November this price barely changed remaining at $3.37 per m². The price for the following two months in (December, January) had a considerable fall of 0 with regard to the previous two months. The price per m² has had a considerable fall of 80 % 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 $1.72 to $1.37 during February, and March.
When referring to the price in Bassendean (suburbs), this has fallen in the last 6 months. In our first sample month during October, the average price is $553. In November This price remains at $577. During the following two months (December, January) the average price had a considerable fall of 72 % 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 increased 107 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 1279 % more expensive than the average price of $8,740 in Bassendean. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 1279 % more expensive than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 3050 % more expensive than the average price of ($86 / m²) in Bassendean. Properties with the most expensive price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 3050 % more expensive than the average value aforementioned.
With regard to the average price based on the property in Bassendean we can see that the least affordable type of property is "House" at $8,740, which is 1279 % more expensive than the average price. "House" has the most expensive price. This price is 1279 % more expensive than the average price aforementioned.
According to the average area price by m² the most expensive property type is "House with an average cost of $86 / m². "House" at an average price of $86 / m² has the highest price and would be directed at more affluent cities.