The rent prices in real estate in Peppermint Grove Beach, 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 Peppermint Grove Beach has had a strong fall during the last 6 months. In November, the average price per m² was $1.26. In the following month the price per m² fell considerably to $1.04. The price for the following two months in (January, February) fell 86 % with regard to the previous two months. The price per m² has had a considerable fall of 72 % 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 $0.77 during March, and April.
When referring to the price in Peppermint Grove Beach (suburbs), this has risen in the last 6 months. The average price during our first sample month during November, is $735. During December the price went through a considerable rise reaching $906. During the following two months (January, February) the price has had an average rise from $820.5 to $897.5. During the last two months the average price has fallen greatly compared to the previous four going from $859 to $692, which means a 81 % fall.