The rent prices in real estate in Maylands, 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 Maylands has risen strongly during the last 6 months. In September, the average price per m² was $0.93. In the following month the price per m² rose to $1.01. The price for the following two months in (November, December) had a considerable rise of 1336 %. The price per m² has fallen 90 % 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 $6.96 to $6.25 during January, and February.
When referring to the price in Maylands (suburbs), this has risen considerably in the last 6 months. In our first sample month during September, the average price is $501. In October This price remains at $489. During the following two months (November, December) the average price had a considerable rise of 243 % 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 $848.5 to $657.5, which means a 77 % fall.
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 $685 they are 42 % more affordable than the average price for Maylands . 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 $576.
With regard to the average prices per m² those properties with 1 bedroom are 84 % more affordable than the average price of ($1 / m²) in Maylands. Properties with the most affordable price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 84 % more affordable than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $685 it is 37 % more affordable than the average price in Maylands. "House" is seen as the second most affordable property type. The most expensive property type is "Townhouse" followed by "House". At a price of $556 it is 1105 % more expensive than the average price.
According to the average cost per m², the most affordable property is "Apartment" at an average price of $1 / m² followed by "Townhouse" priced at $80 / m². "Townhouse" is the most expensive type of property with a $80 / m² value followed by "Apartment" with an average price of $1 / m².