The rent prices in real estate in Church Point, 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 Church Point has had a strong fall during the last 6 months. In November, the average price per m² was $1.45. In the following month the price per m² fell considerably to $1. 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 rise of 179 % 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 $0.61 to $1.1 during March, and April.
When referring to the price in Church Point (suburbs), this has fallen considerably in the last 6 months. The average price during our first sample month during November, is $1,408. During December the price went through a considerable rise reaching $1,736. During the following two months (January, February) 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 162 % during the last two months.