The rent prices in real estate in Bonny Hills, in the New South Wales 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 Bonny Hills has had a strong fall during the last 6 months. In November, the average price per m² was $0.96. 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 $0.4 to during March, and April.
When referring to the price in Bonny Hills (suburbs), this has fallen considerably in the last 6 months. The rent price in November is $566, rising in December till $596. In the following two months the average price has hardly changed with regard to the previous two months from $581 to $555. During the last two months the average price has fallen greatly compared to the previous four going from $568 to $286.5, which means a 50 % fall.