The rent prices in real estate in East Albury, 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 East Albury has had a strong fall during the last 6 months. In October, the average price per m² was $0.72. In the following month the price per m² fell to $0.62. The price for the following two months in (December, January) had a considerable fall of 0 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 $0.34 to during February, and March.
When referring to the price in East Albury (suburbs), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $424. In November This price remains at $410. In the following two months the average price has hardly changed with regard to the previous two months from $417 to $415. During the last two months the average price has fallen greatly compared to the previous four going from $416 to $207.5, which means a 50 % fall.