The rent prices in real estate in Budgewoi, in the New South Wales region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per m² in Budgewoi has fallen during the last 6 months. In November, the average price per m² was $0.69. In December this price barely changed remaining at $0.7 per m². The price for the following two months in (January, February) had a considerable fall of 51 with regard to the previous two months. The price per m² has had a considerable rise of 155 % 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 $0.52 to $0.81 during March, and April.
When referring to the price in Budgewoi (suburbs), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $497. In December This price remains at $505. During the following two months (January, February) the average price had a considerable fall of 47 % 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 124 % during the last two months.