Property prices for rent in Centennial Park (Western Australia)
The rent prices in real estate in Centennial Park, 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 Centennial Park has had a strong fall during the last 6 months. In November, the average price per m² was $1.85. In the following month the price per m² rose to $1.97. The price for the following two months in (January, February) had a considerable fall of 53 with regard to the previous two months. The price per m² has had a considerable fall of 34 % 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 $1.46 to $0.5 during March, and April.
When referring to the price in Centennial Park (suburbs), this has fallen considerably in the last 6 months. The rent price in November is $1,187, rising in December till $1,291. During the following two months (January, February) the average price had a considerable fall of 47 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $909 to $576, which means a 63 % fall.
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 $1,152 they are 53 % more affordable than the average price for Centennial Park . Based on the bedrooms values, properties with the most expensive rent prices are those with 3 bedrooms. They are 51 % more expensive than the average aforementioned.
