Property prices for rent in Greenwich (New South Wales)
The rent prices in real estate in Greenwich, 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 Greenwich has had a strong fall during the last 6 months. In November, the average price per m² was $1.25. In the following month the price per m² fell considerably to $1. The price for the following two months in (January, February) had a considerable fall of 0 with regard to the previous two months. The price per m² has had a considerable rise of 178 % 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 $0.56 to $1 during March, and April.
When referring to the price in Greenwich (suburbs), this has fallen considerably in the last 6 months. The average price during our first sample month during November, is $753. During December the price went through a considerable rise reaching $914. During the following two months (January, February) the average price had a considerable fall of 0 % 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 180 % during the last two months.
