The rent prices in real estate in Riverton, 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 Riverton has risen strongly during the last 6 months. In October, the average price per m² was $2.09. In the following month the price per m² rose to $2.38. The price for the following two months in (December, January) had a considerable rise of 122 %. The price per m² has fallen 93 % 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 $2.48 to $2.31 during February, and March.
When referring to the price in Riverton (suburbs), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $891. In November This price remains at $898. During the following two months (December, January) the average price fell 90 % 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 $848.5 to $455, which means a 54 % fall.