The rent prices in real estate in Marangaroo, in the Western Australia region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per m² in Marangaroo has risen during the last 6 months. In October, the average price per m² was $0.57. In November this price barely changed remaining at $0.59 per m². In the following two months the price per m² has risen 107 %, going from $0.58 to $0.62 per m². The price per m² has risen 110 % 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 $0.6 to $0.66 during February, and March.
When referring to the price in Marangaroo (suburbs), this has risen considerably in the last 6 months. In our first sample month during October, the average price is $470. In November This price remains at $483. During the following two months (December, January) the average price had a considerable rise of 117 % 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 increased 108 % during the last two months.