The rent prices in real estate in Armidale, 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 Armidale has risen strongly during the last 6 months. In October, the average price per m² was . In the following month the price per m² rose considerably to $2.06. The price for the following two months in (December, January) had a considerable fall of 0 with regard to the previous two months. The price per m² has risen 113 % 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 $0.51 to $0.58 during February, and March.
When referring to the price in Armidale (suburbs), this has risen considerably in the last 6 months. The average price during our first sample month during October, is . During November the price went through a considerable rise reaching $1,703. During the following two months (December, January) the average price had a considerable fall of 0 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 214 % during the last two months.