The rent prices in real estate in Port Hedland, 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 Port Hedland has risen strongly during the last 6 months. In October, the average price per m² was $0.73. In the following month the price per m² rose to $0.78. In the following two months the price per m² has practically remained the same, going from $0.75 to $0.76 per m². The price per m² has had a considerable rise of 130 % 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 $0.76 to $0.99 during February, and March.
When referring to the price in Port Hedland (suburbs), this has risen considerably in the last 6 months. The rent price in October is $496, rising in November till $539. During the following two months (December, January) the average price had a considerable rise of 146 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 283 % during the last two months.