The rent prices in real estate in Cronulla, 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 Cronulla has had a strong fall during the last 6 months. In October, the average price per m² was $3.05. In the following month the price per m² fell considerably to $2.22. The price for the following two months in (December, January) had a considerable fall of 31 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 $1.73 to during February, and March.
When referring to the price in Cronulla (suburbs), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $1,069. In November This price remains at $1,113. During the following two months (December, January) the average price had a considerable fall of 55 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $844.25 to , which means a 0 % fall.