The rent prices in real estate in Fyshwick, 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 Fyshwick has had a strong fall during the last 6 months. In November, the average price per m² was $41.7. In the following month the price per m² fell considerably to $0.77. The price for the following two months in (January, February) had a considerable fall of 11 with regard to the previous two months. The price per m² has had a considerable rise of 182 % 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 $11.82 to $21.46 during March, and April.
When referring to the price in Fyshwick (suburbs), this has risen considerably in the last 6 months. In our first sample month during November, the average price is $11,567. In December This price remains at $11,567. During the following two months (January, February) the average price had a considerable rise of 177 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 148 % during the last two months.