Property prices for rent in Perth (Western Australia)
The rent prices in real estate in Perth, in the Western Australia region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per m² in Perth has risen strongly during the last 6 months. In March, the average price per m² was $1.63. In the following month the price per m² fell to $1.53. The price for the following two months in (May, June) had a considerable rise of 1012 %. The price per m² has had a considerable fall of 15 % 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 $8.78 to $1.34 during July, and August.
When referring to the price in Perth (suburbs), there have hardly been any changes in the last 6 months. The rent price in March is $728, rising in April till $808. During the following two months (May, June) 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 $836.25 to $587.5, which means a 70 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $591 they are 12 % more affordable than the average price for Perth . The properties with the highest average price have 3 bedrooms, Their price is 14 % more expensive than the average. After that we have properties with 2 bedrooms priced at $647.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of $0.46 / m², with an average $1.29 / m² price in Perth. The properties with the most expensive average prices have 1 bedroom. They are 43 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.21 / m².
The graph displaying the average rent prices displays the property type "Apartment" as the most expensive one. At an cost of $591 it is 9 % more expensive than the average price in Perth. "" is seen as the second most expensive property type. The most expensive property type is "Villa" followed by "". At a price of $1,336 it is 1289 % more expensive than the average price.
According to the average cost per m², the least affordable property would be "Apartment" at an average price of $1.62 / m² followed by "Villa" priced at $91 / m². "Villa" is the most expensive type of property with a $91 / m² value followed by "Apartment" with an average price of $1.62 / m².
