The rent prices in real estate in Medina, in the Western Australia region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per m² in Medina has fallen during the last 6 months. In November, the average price per m² was $0.57. In December this price barely changed remaining at $0.59 per m². The price for the following two months in (January, February) had a considerable fall of 47 with regard to the previous two months. The price per m² has had a considerable rise of 163 % 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 $0.43 to $0.69 during March, and April.
When referring to the price in Medina (suburbs), there have hardly been any changes in the last 6 months. The rent price in November is $390, rising in December till $423. During the following two months (January, February) the average price fell 90 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 92 %, going from $385.25 to $354 in March and April.