The rent prices in real estate in Nickol, 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 Nickol has risen strongly during the last 6 months. In November, the average price per m² was $4.26. In December this price barely changed remaining at $4.46 per m². The price for the following two months in (January, February) had a considerable rise of 131 %. The price per m² has had a considerable rise of 167 % 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 $5.03 to $8.39 during March, and April.
When referring to the price in Nickol (suburbs), this has risen in the last 6 months. In our first sample month during November, the average price is $1,159. In December This price remains at $1,144. In the following two months the average price has hardly changed with regard to the previous two months from $1,151.5 to $1,138.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 120 % during the last two months.