Property prices for rent in East Victoria Park (Western Australia)
The rent prices in real estate in East Victoria Park, 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 East Victoria Park has risen strongly during the last 6 months. In October, the average price per m² was $0.7. In the following month the price per m² rose considerably to $0.98. The price for the following two months in (December, January) had a considerable rise of 121 %. The price per m² has risen 109 % 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 $0.93 to $1.01 during February, and March.
When referring to the price in East Victoria Park (suburbs), this has risen considerably in the last 6 months. In our first sample month during October, the average price is $490. In November This price remains at $488. During the following two months (December, January) the average price had a considerable rise of 124 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 117 % 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 $640 they are 33 % more affordable than the average price for East Victoria Park . The properties with the highest average price have 4 bedrooms, Their price is 49 % more expensive than the average. After that we have properties with 3 bedrooms priced at $690.
With regard to the average price per m², those properties with 3 bedrooms are the most affordable ones at a cost of $0.84 / m², with an average $1.01 / m² price in East Victoria Park. The properties with the most expensive average prices have 4 bedrooms. They are 100 % more expensive than the average followed by properties with 1 bedroom with a price at $1.29 / m².
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $640 it is 14 % more affordable than the average price in East Victoria Park. "Condo" is seen as the second most affordable property type. The most expensive property type is "Land" followed by "Condo". At a price of $713 it is 1737 % more expensive than the average price.
According to the average cost per m², the most affordable property is "Condo" at an average price of $0.85 / m² followed by "House" priced at $1.15 / m². "Land" is the most expensive type of property with a $53 / m² value followed by "House" with an average price of $1.15 / m².
