The rent prices in real estate in Orelia, 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 Orelia has had a strong fall during the last 6 months. In November, the average price per m² was $0.75. In the following month the price per m² fell considerably to $0.45. The price for the following two months in (January, February) had a considerable rise of 127 %. The price per m² has had a considerable fall of 0 % 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 $0.68 to during March, and April.
When referring to the price in Orelia (suburbs), this has fallen considerably in the last 6 months. The average price for November is $478. During December the price had a slight fall till $449. During the following two months (January, February) the average price had a considerable rise of 118 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $506 to $221, which means a 44 % fall.