Property prices for rent in Farrar (Northern Territory)
The rent prices in real estate in Farrar, in the Northern Territory 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 Farrar has risen strongly during the last 6 months. In November, the average price per m² was $0.74. In the following month the price per m² rose to $0.78. The price for the following two months in (January, February) had a considerable rise of 7673 %. 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 $29.54 to during March, and April.
When referring to the price in Farrar (suburbs), this has risen considerably in the last 6 months. In our first sample month during November, the average price is $666. In December This price remains at $692. During the following two months (January, February) the average price had a considerable rise of 1011 % 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 $3,773 to $657, which means a 17 % fall.
