The rent prices in real estate in Wembley, 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 Wembley has risen strongly during the last 6 months. In September, the average price per m² was $0.77. In the following month the price per m² rose considerably to $1.7. The price for the following two months in (November, December) fell 94 % with regard to the previous two months. The price per m² has had a considerable rise of 633 % 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 $1.2 to $7.59 during January, and February.
When referring to the price in Wembley (suburbs), this has fallen in the last 6 months. In our first sample month during September, the average price is $554. In October This price remains at $547. In the following two months the average price has hardly changed with regard to the previous two months from $550.5 to $545.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 91 %, going from $548 to $496.5 in January and February.