Property prices for rent in Downer (Australian Capital Territory)
The rent prices in real estate in Downer, in the Australian Capital 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 Downer has had a strong fall during the last 6 months. In November, the average price per m² was $0.82. In December this price barely changed remaining at $0.83 per m². In the following two months the price per m² has risen 107 %, going from $0.82 to $0.88 per m². 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 $0.85 to during March, and April.
When referring to the price in Downer (suburbs), this has fallen considerably in the last 6 months. The average price for November is $687. During December the price had a slight fall till $634. During the following two months (January, February) the average price had a considerable fall of 81 % 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 $597 to $346, which means a 58 % fall.
