The rent prices in real estate in Cobar, 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 Cobar has risen strongly during the last 6 months. In November, the average price per m² was $0.38. In the following month the price per m² rose to $0.4. The price for the following two months in (January, February) had a considerable rise of 156 %. The price per m² has had a considerable rise of 116 % 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 $0.5 to $0.58 during March, and April.
When referring to the price in Cobar (suburbs), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $281. In December This price remains at $280. During the following two months (January, February) the price has had an average rise from $280.5 to $305. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $292.75 and $279.5 between March and April.