Property prices for rent in North Fremantle (Western Australia)

The price per m² in North Fremantle has risen strongly during the last 6 months. In October, the average price per m² was $1.18. In November this price barely changed remaining at $1.19 per m². The price for the following two months in (December, January) had a considerable rise of 3888 %. The price per m² has had a considerable rise of 217 % 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 $23.63 to $51.16 during February, and March.

When referring to the price in North Fremantle (suburbs), this has risen considerably in the last 6 months. In our first sample month during October, the average price is $777. In November This price remains at $770. During the following two months (December, January) the average price had a considerable rise of 1137 % 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 212 % during the last two months.

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 $8,801 they are 95 % more affordable than the average price for North Fremantle . The properties with the lowest average price have 4 bedrooms, Their price is 80 % more affordable than the average. After that we have properties with 3 bedrooms priced at $761.

With regard to the average price per m², those properties with 1 bedroom are the most affordable ones at a cost of $1 / m², with an average $44.31 / m² price in North Fremantle. The properties with the most affordable average prices have 4 bedrooms. They are 95 % more affordable than the average followed by properties with 1 bedroom with a price at $1 / m².