The rent prices in real estate in Monash, in the South Australia 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 Monash has had a strong fall during the last 6 months. In March, the average price per m² was $190. In April this price barely changed remaining at $190 per m². The price for the following two months in (May, June) had a considerable fall of 0 with regard to the previous two months. The price per m² has had a considerable fall of 1 % 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 $95 to $0.68 during July, and August.
When referring to the price in Monash (suburbs), this has fallen considerably in the last 6 months. In our first sample month during March, the average price is $24,288. In April This price remains at $24,288. During the following two months (May, June) the average price had a considerable fall of 2 % 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 $12,437.75 to $512.5, which means a 4 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 108 % more expensive than the average price of $999 in Monash. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 108 % more expensive than the average aforementioned.
According to average price per property type in Monash, "" priced at $999 is 108 % more expensive than the average price ($480) in this city.