Property prices for rent in Madora Bay (Western Australia)
The rent prices in real estate in Madora Bay, 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 Madora Bay has risen strongly during the last 6 months. In November, the average price per m² was $1.46. In the following month the price per m² rose considerably to $3.52. The price for the following two months in (January, February) had a considerable rise of 134 %. The price per m² has had a considerable rise of 118 % 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 $2.91 to $3.43 during March, and April.
When referring to the price in Madora Bay (suburbs), this has risen in the last 6 months. The rent price in November is $621, rising in December till $668. In the following two months the average price has hardly changed with regard to the previous two months from $644.5 to $665. 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.
