The rent prices in real estate in Rivervale, 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 Rivervale has risen strongly during the last 6 months. In October, the average price per m² was $1.04. In November this price barely changed remaining at $1.01 per m². The price for the following two months in (December, January) had a considerable rise of 750 %. The price per m² has had a considerable rise of 197 % 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 $4.36 to $8.6 during February, and March.
When referring to the price in Rivervale (suburbs), this has risen in the last 6 months. In our first sample month during October, the average price is $582. In November This price remains at $566. In the following two months the average price has hardly changed with regard to the previous two months from $574 to $599.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 129 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $534 they are 10 % more affordable than the average price for Rivervale . The properties with the highest average price have 4 bedrooms, Their price is 35 % more expensive than the average. After that we have properties with 3 bedrooms priced at $639.
With regard to the average price per m², those properties with 2 bedrooms are the most affordable ones at a cost of $1 / m², with an average $8.33 / m² price in Rivervale. The properties with the most affordable average prices have 1 bedroom. They are 76 % more affordable than the average followed by properties with 2 bedrooms with a price at $1 / m².
According to average price per property type in Rivervale, "" priced at $573 is 7 % more expensive than the average price ($534) in this city.