The rent prices in real estate in Mandurah, 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 Mandurah has risen strongly during the last 6 months. In October, the average price per m² was $0.62. In November this price barely changed remaining at $0.59 per m². The price for the following two months in (December, January) had a considerable rise of 363 %. The price per m² has had a considerable rise of 220 % 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 $1.4 to $3.08 during February, and March.
When referring to the price in Mandurah (suburbs), this has risen considerably in the last 6 months. In our first sample month during October, the average price is $424. In November This price remains at $408. During the following two months (December, January) the average price had a considerable rise of 124 % 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 had a strong increase of 121 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $548 they are 61 % more affordable than the average price for Mandurah . The properties with the lowest average price have 4 bedrooms, Their price is 12 % more affordable than the average. After that we have properties with 3 bedrooms priced at $430.
According to average price per property type in Mandurah, "" priced at $398 is 27 % lower than the average price ($548) in this city.