The rent prices in real estate in Shelley, 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 Shelley has had a strong fall during the last 6 months. In October, the average price per m² was $1.49. In the following month the price per m² fell considerably to $1.16. The price for the following two months in (December, January) had a considerable fall of 61 with regard to the previous two months. The price per m² has had a considerable fall of 81 % 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 $0.87 during February, and March.
When referring to the price in Shelley (suburbs), this has fallen in the last 6 months. The average price for October is $788. During November the price had a considerable fall till $595. During the following two months (December, January) the price has had an average rise from $691.5 to $755.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $723.5 and $689.5 between February and March.