Property prices for rent in North Perth (Western Australia)
The rent prices in real estate in North Perth, 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 North Perth has fallen during the last 6 months. In October, the average price per m² was $1.13. In November this price barely changed remaining at $1.13 per m². The price for the following two months in (December, January) fell 88 % with regard to the previous two months. The price per m² has fallen 92 % 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 $1.07 to $0.98 during February, and March.
When referring to the price in North Perth (suburbs), this has risen considerably in the last 6 months. In our first sample month during October, the average price is $635. In November This price remains at $631. During the following two months (December, January) the price has had an average rise from $633 to $709. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 131 % 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 $1,047 they are 49 % more affordable than the average price for North Perth . Based on the bedrooms values, properties with the most affordable rent prices are those with 3 bedrooms. They are 22 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 5 % more expensive than the average price of ($1 / m²) in North Perth. Properties with the most expensive price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 5 % more expensive than the average value aforementioned.
