The rent prices in real estate in Castletown, 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 Castletown has had a strong fall during the last 6 months. In October, the average price per m² was $0.72. In the following month the price per m² fell considerably to . 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 0 % 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 $0.18 to during February, and March.
When referring to the price in Castletown (suburbs), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $647. In November This price remains at $646. In the following two months the average price has hardly changed with regard to the previous two months from $646.5 to $646. During the last two months the average price has fallen greatly compared to the previous four going from $646.25 to $323, which means a 50 % fall.