The rent prices in real estate in Orange, in the New South Wales 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 Orange has risen strongly during the last 6 months. In October, the average price per m² was $2.88. In the following month the price per m² rose considerably to $3.83. In the following two months the price per m² has risen 106 %, going from $3.36 to $3.56 per m². The price per m² has had a considerable rise of 216 % 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 $3.46 to $7.48 during February, and March.
When referring to the price in Orange (suburbs), this has risen considerably in the last 6 months. The rent price in October is $1,721, rising in November till $1,840. In the following two months the average price has hardly changed with regard to the previous two months from $1,780.5 to $1,715.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 156 % during the last two months.