The rent prices in real estate in Beckenham, 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 Beckenham has had a strong fall during the last 6 months. In October, the average price per m² was $1.09. In the following month the price per m² fell considerably to $0.66. The price for the following two months in (December, January) fell 85 % with regard to the previous two months. The price per m² has fallen 88 % 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 $0.81 to $0.71 during February, and March.
When referring to the price in Beckenham (suburbs), this has risen in the last 6 months. In our first sample month during October, the average price is $502. In November This price remains at $493. During the following two months (December, January) the price has had an average rise from $497.5 to $563. Based on an analysis of the first four prices and the last two months the average price has increased 111 % during the last two months.
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 $587 they are 43 % more affordable than the average price for Beckenham . The properties with the highest average price have 4 bedrooms, Their price is 20 % more expensive than the average. After that we have properties with 3 bedrooms priced at $585.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of $0.65 / m², with an average $0.71 / m² price in Beckenham. The properties with the most expensive average prices have 1 bedroom. They are 70 % more expensive than the average followed by properties with 2 bedrooms with a price at $0.9 / m².
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $587 it is 11 % more affordable than the average price in Beckenham. "House" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Condo". At a price of $520 it is 4 % more expensive than the average price.
According to the average cost per m², the most affordable property is "House" at an average price of $0.67 / m² followed by "Condo" priced at $0.92 / m². "Condo" is the most expensive type of property with a $0.92 / m² value followed by "House" with an average price of $0.67 / m².