The rent prices in real estate in Newman, 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 Newman has risen strongly during the last 6 months. In September, the average price per m² was $0.7. In October this price barely changed remaining at $0.71 per m². In the following two months the price per m² has risen 108 %, going from $0.7 to $0.76 per m². The price per m² has had a considerable rise of 315 % 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 $0.73 to $2.31 during January, and February.
When referring to the price in Newman (suburbs), there have hardly been any changes in the last 6 months. In our first sample month during September, the average price is $580. In October This price remains at $572. In the following two months the average price has hardly changed with regard to the previous two months from $576 to $582.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $579.25 and $601.5 between January and February.