The rent prices in real estate in Kelso, 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 Kelso has had a strong fall during the last 6 months. In October, the average price per m² was $0.45. In November this price barely changed remaining at $0.47 per m². The price for the following two months in (December, January) had a considerable rise of 117 %. 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 $0.5 to during February, and March.
When referring to the price in Kelso (suburbs), this has fallen considerably in the last 6 months. The average price for October is $499. During November the price had a slight fall till $469. In the following two months the average price has hardly changed with regard to the previous two months from $484 to $489. During the last two months the average price has fallen greatly compared to the previous four going from $486.5 to $249, which means a 51 % fall.