Property prices for rent in Success (Western Australia)
The rent prices in real estate in Success, 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 Success has had a strong fall during the last 6 months. In November, the average price per m² was $4,209.02. In the following month the price per m² fell considerably to $0.65. The price for the following two months in (January, February) had a considerable fall of 0 with regard to the previous two months. The price per m² has had a considerable fall of 0 % 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 $1,052.77 to $0.76 during March, and April.
When referring to the price in Success (suburbs), this has fallen considerably in the last 6 months. The average price for November is $4,587. During December the price had a considerable fall till $624. During the following two months (January, February) the average price had a considerable fall of 24 % 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 $1,609 to $609, which means a 38 % fall.
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 $622 they are 30 % more affordable than the average price for Success . The properties with the highest average price have 4 bedrooms, Their price is 13 % more expensive than the average. After that we have properties with 3 bedrooms priced at $618.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of $0.62 / m², with an average $0.76 / m² price in Success. The properties with the most expensive average prices have 1 bedroom. They are 79 % more expensive than the average followed by properties with 2 bedrooms with a price at $0.93 / m².
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $622 it is 27 % more affordable than the average price in Success. "House" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $452 it is 7 % more expensive than the average price.
According to the average cost per m², the most affordable property is "House" at an average price of $0.67 / m² followed by "Apartment" priced at $1.26 / m². "Apartment" is the most expensive type of property with a $1.26 / m² value followed by "House" with an average price of $0.67 / m².
