The rent prices in real estate in Hamilton Hill, 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 Hamilton Hill has had a strong fall during the last 6 months. In October, the average price per m² was $11.11. In November this price barely changed remaining at $11.18 per m². The price for the following two months in (December, January) had a considerable fall of 30 with regard to the previous two months. The price per m² has had a considerable fall of 24 % 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 $7.23 to $1.75 during February, and March.
When referring to the price in Hamilton Hill (suburbs), this has fallen considerably in the last 6 months. The average price for October is $10,456. During November the price had a considerable fall till $8,807. During the following two months (December, January) the average price had a considerable fall of 6 % 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 $5,108.5 to $281.5, which means a 6 % fall.