The rent prices in real estate in Fairy Hill, 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 Fairy Hill has risen strongly during the last 6 months. In October, the average price per m² was $0.8. In November this price barely changed remaining at $0.82 per m². In the following two months the price per m² has risen 114 %, going from $0.81 to $0.92 per m². The price per m² has had a considerable rise of 9883 % 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 $0.87 to $85.49 during February, and March.
When referring to the price in Fairy Hill (suburbs), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $491. In November This price remains at $503. In the following two months the average price has hardly changed with regard to the previous two months from $497 to $519. During the last two months the average price has fallen greatly compared to the previous four going from $508 to $270, which means a 53 % fall.