The rent prices in real estate in South 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 South Hedland has risen strongly during the last 6 months. In October, the average price per m² was $0.89. In November this price barely changed remaining at $0.87 per m². In the following two months the price per m² has practically remained the same, going from $0.88 to $0.87 per m². The price per m² has had a considerable rise of 176 % 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 $0.88 to $1.54 during February, and March.
When referring to the price in South Hedland (suburbs), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $663. In November This price remains at $659. During the following two months (December, January) the average price fell 90 % 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 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 $833 they are 61 % more affordable than the average price for South Hedland . The properties with the lowest average price have 4 bedrooms, Their price is 11 % more affordable than the average. After that we have properties with 3 bedrooms priced at $640.
With regard to the average prices per m² those properties with 2 bedrooms are 38 % more affordable than the average price of ($1 / m²) in South Hedland. Properties with the most affordable price when referring to the number of bedrooms / m² are those with 2 bedrooms. They are 38 % more affordable than the average value aforementioned.
According to average price per property type in South Hedland, "" priced at $713 is 14 % lower than the average price ($833) in this city.