The rent prices in real estate in Waggrakine, 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 Waggrakine has had a strong fall during the last 6 months. In October, the average price per m² was $0.54. In November this price barely changed remaining at $0.55 per m². In the following two months the price per m² has practically remained the same, going from $0.55 to $0.52 per m². 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 $0.53 to during February, and March.
When referring to the price in Waggrakine (suburbs), this has fallen considerably in the last 6 months. The average price for October is $512. During November the price had a slight fall till $482. In the following two months the average price has hardly changed with regard to the previous two months from $497 to $483.5. During the last two months the average price has fallen greatly compared to the previous four going from $490.25 to $174.5, which means a 36 % fall.