The rent prices in real estate in Mount Hawthorn, 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 Mount Hawthorn has had a strong fall during the last 6 months. In October, the average price per m² was $0.93. In the following month the price per m² rose to $1.04. The price for the following two months in (December, January) had a considerable fall of 0 with regard to the previous two months. The price per m² has had a considerable rise of 249 % 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 $0.49 to $1.23 during February, and March.
When referring to the price in Mount Hawthorn (suburbs), this has fallen in the last 6 months. In our first sample month during October, the average price is $778. In November This price remains at $788. During the following two months (December, January) the average price had a considerable fall of 55 % 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 165 % during the last two months.