Property prices for rent in Cable Beach (Western Australia)
The rent prices in real estate in Cable Beach, 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 Cable Beach has risen strongly during the last 6 months. In October, the average price per m² was $1.14. In November this price barely changed remaining at $1.19 per m². The price for the following two months in (December, January) fell 94 % with regard to the previous two months. The price per m² has had a considerable rise of 149 % 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 $1.13 to $1.68 during February, and March.
When referring to the price in Cable Beach (suburbs), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $920. In November This price remains at $897. In the following two months the average price has hardly changed with regard to the previous two months from $908.5 to $886. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 95 %, going from $897.25 to $851 in February and March.
