The rent prices in real estate in Kingsford, in the New South Wales region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per m² in Kingsford has risen strongly during the last 6 months. In October, the average price per m² was $1.26. In November this price barely changed remaining at $1.28 per m². In the following two months the price per m² has risen 107 %, going from $1.27 to $1.36 per m². The price per m² has had a considerable rise of 682 % 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 $1.31 to $8.95 during February, and March.
When referring to the price in Kingsford (suburbs), this has risen in the last 6 months. In our first sample month during October, the average price is $651. In November This price remains at $665. During the following two months (December, January) the average price had a considerable rise of 136 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $777.25 to $598.5, which means a 77 % fall.