The rent prices in real estate in Burswood, 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 Burswood has risen strongly during the last 6 months. In October, the average price per m² was $1. In November this price barely changed remaining at $1 per m². In the following two months the price per m² has risen 113 %, going from $1 to $1.13 per m². The price per m² has had a considerable rise of 328 % 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 $1.07 to $3.49 during February, and March.
When referring to the price in Burswood (suburbs), this has risen considerably in the last 6 months. In our first sample month during October, the average price is $619. In November This price remains at $613. During the following two months (December, January) the price has had an average rise from $616 to $665. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 175 % 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 $1,468 they are 71 % more affordable than the average price for Burswood . Based on the bedrooms values, properties with the most affordable rent prices are those with 3 bedrooms. They are 50 % more affordable than the average aforementioned.