The rent prices in real estate in Esperance, 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 Esperance has had a strong fall during the last 6 months. In October, the average price per m² was $0.56. In November this price barely changed remaining at $0.57 per m². In the following two months the price per m² has risen 105 %, going from $0.56 to $0.6 per m². The price per m² has had a considerable fall of 53 % 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 $0.58 to $0.31 during February, and March.
When referring to the price in Esperance (suburbs), this has risen in the last 6 months. The average price for October is $360. During November the price had a slight fall till $338. During the following two months (December, January) the average price had a considerable rise of 126 % 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 increased 107 % during the last two months.