The rent prices in real estate in Gol Gol, 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 Gol Gol has had a strong fall during the last 6 months. In November, the average price per m² was $0.52. In December this price barely changed remaining at $0.51 per m². The price for the following two months in (January, February) fell 89 % with regard to the previous two months. The price per m² has had a considerable fall of 44 % 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 $0.49 to $0.22 during March, and April.
When referring to the price in Gol Gol (suburbs), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $423. In December This price remains at $402. During the following two months (January, February) the price has had an average rise from $412.5 to $440.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $426.5 and $431 between March and April.