The rent prices in real estate in Canning Vale, 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 Canning Vale has risen strongly during the last 6 months. In October, the average price per m² was $0.66. In November this price barely changed remaining at $0.68 per m². The price for the following two months in (December, January) had a considerable rise of 122 %. The price per m² has had a considerable rise of 282 % 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 $0.74 to $2.1 during February, and March.
When referring to the price in Canning Vale (suburbs), this has risen considerably in the last 6 months. In our first sample month during October, the average price is $683. In November This price remains at $691. In the following two months the average price has hardly changed with regard to the previous two months from $687 to $703.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 169 % during the last two months.