Property prices for rent in Larrakeyah (Northern Territory)
The rent prices in real estate in Larrakeyah, in the Northern Territory 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 Larrakeyah has had a strong fall during the last 6 months. In October, the average price per m² was $0.89. In the following month the price per m² rose to $0.94. In the following two months the price per m² has risen 110 %, going from $0.92 to $1.01 per m². 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 $0.96 to during February, and March.
When referring to the price in Larrakeyah (suburbs), this has fallen in the last 6 months. The rent price in October is $622, rising in November till $655. During the following two months (December, January) the price has had an average rise from $638.5 to $731. During the last two months the average price has fallen greatly compared to the previous four going from $684.75 to $324.5, which means a 47 % fall.
