The rent prices in real estate in Padbury, 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 Padbury has had a strong fall during the last 6 months. In November, the average price per m² was $17.88. In the following month the price per m² fell considerably to $4.72. The price for the following two months in (January, February) had a considerable fall of 7 with regard to the previous two months. The price per m² has had a considerable fall of 12 % 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 $6.03 to $0.75 during March, and April.
When referring to the price in Padbury (suburbs), this has fallen considerably in the last 6 months. The average price for November is $14,576. During December the price had a considerable fall till $3,887. During the following two months (January, February) the average price had a considerable fall of 8 % 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 $4,966 to $666.5, which means a 13 % fall.