The rent prices in real estate in Mandurah, 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 Mandurah has had a strong fall during the last 6 months. In July, the average price per m² was $3. In the following month the price per m² fell considerably to . The price for the following two months in (September, October) had a considerable fall of 81 with regard to the previous two months. The price per m² has had a considerable rise of 238 % 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 $1.36 to $3.23 during November, and December.
When referring to the price in Mandurah (suburbs), this has fallen considerably in the last 6 months. The average price for July is $8,190. During August the price had a considerable fall till $327. During the following two months (September, October) the average price had a considerable fall of 9 % 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 $2,324.5 to $533.5, which means a 23 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 1734 % more expensive than the average price of $9,172 in Mandurah. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 1734 % more expensive than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 1550 % more expensive than the average price of ($49 / m²) in Mandurah. Properties with the most expensive price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 1550 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of $500 it is 41 % more affordable than the average price in Mandurah. "" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $4,183 it is 1734 % more expensive than the average price.
According to the average cost per m², the most affordable property is "Land" at an average price of $1 / m² followed by "House" priced at $49 / m². "House" is the most expensive type of property with a $49 / m² value followed by "Land" with an average price of $1 / m².