The rent prices in real estate in Griffith, in the New South Wales region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per m² in Griffith has risen during the last 6 months. In October, the average price per m² was $0.56. In November this price barely changed remaining at $0.55 per m². In the following two months the price per m² has practically remained the same, going from $0.56 to $0.58 per m². The price per m² has had a considerable rise of 116 % 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 $0.57 to $0.66 during February, and March.
When referring to the price in Griffith (suburbs), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $426. In November This price remains at $420. In the following two months the average price has hardly changed with regard to the previous two months from $423 to $439.5. Based on an analysis of the first four prices and the last two months the average price has increased 109 % during the last two months.