Property prices for rent in Spearwood (Western Australia)
The rent prices in real estate in Spearwood, in the Western Australia region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per m² in Spearwood has risen during the last 6 months. In November, the average price per m² was $0.84. In the following month the price per m² rose to $0.94. In the following two months the price per m² has risen 105 %, going from $0.89 to $0.94 per m². The price per m² has fallen 94 % 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 $0.91 to $0.86 during March, and April.
When referring to the price in Spearwood (suburbs), this has risen considerably in the last 6 months. The average price during our first sample month during November, is $538. During December the price went through a considerable rise reaching $628. During the following two months (January, February) the price has had an average rise from $583 to $637. 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 $610 and $636 between March and April.
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 $640 they are 30 % more affordable than the average price for Spearwood . The properties with the highest average price have 4 bedrooms, Their price is 36 % more expensive than the average. After that we have properties with 3 bedrooms priced at $606.
With regard to the average price per m², those properties with 3 bedrooms are the most affordable ones at a cost of $0.75 / m², with an average $0.85 / m² price in Spearwood. The properties with the most expensive average prices have 1 bedroom. They are 69 % more expensive than the average followed by properties with 2 bedrooms with a price at $0.99 / m².
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $640 it is 21 % more affordable than the average price in Spearwood. "House" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $508 it is 13 % more expensive than the average price.
According to the average cost per m², the most affordable property is "House" at an average price of $0.78 / m² followed by "Apartment" priced at $1.07 / m². "Apartment" is the most expensive type of property with a $1.07 / m² value followed by "House" with an average price of $0.78 / m².
