Property prices for rent in Desert Springs (Northern Territory)
The rent prices in real estate in Desert Springs, in the Northern Territory 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 Desert Springs has had a strong fall during the last 6 months. In November, the average price per m² was $1.02. In December this price barely changed remaining at $1.04 per m². 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 hardly changed in the last two months compared to the average price of the previous four months going from an average price of $0.51 to $0.5 during March y April
When referring to the price in Desert Springs (suburbs), this has fallen considerably in the last 6 months. The rent price in November is $694, rising in December till $759. During the following two months (January, February) the average price had a considerable fall of 45 % 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 $528 to $346.5, which means a 66 % fall.
