The rent prices in real estate in Erina, 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 Erina has risen strongly during the last 6 months. In October, the average price per m² was $0.81. In November this price barely changed remaining at $0.8 per m². The price for the following two months in (December, January) had a considerable rise of 178 %. The price per m² has had a considerable rise of 8066 % 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 $1.12 to $90.34 during February, and March.
When referring to the price in Erina (suburbs), this has fallen in the last 6 months. In our first sample month during October, the average price is $8,206. In November This price remains at $7,796. During the following two months (December, January) the average price fell 87 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 91 %, going from $7,482.25 to $6,805 in February and March.