The rent prices in real estate in Hopetoun, 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 Hopetoun has risen strongly during the last 6 months. In November, the average price per m² was $0.5. In the following month the price per m² rose to $0.53. The price for the following two months in (January, February) had a considerable fall of 33 with regard to the previous two months. The price per m² has had a considerable rise of 422 % 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 $0.34 to $1.45 during March, and April.
When referring to the price in Hopetoun (suburbs), this has risen in the last 6 months. In our first sample month during November, the average price is $433. In December This price remains at $451. During the following two months (January, February) the price has had an average rise from $442 to $475. Based on an analysis of the first four prices and the last two months the average price has increased 106 % during the last two months.