The rent prices in real estate in Moonta Bay, 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 Moonta Bay has had a strong fall during the last 6 months. In November, the average price per m² was $0.63. In December this price barely changed remaining at $0.63 per m². The price for the following two months in (January, February) had a considerable fall of 0 with regard to the previous two months. 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 $0.31 to during March, and April.
When referring to the price in Moonta Bay (suburbs), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $377. In December This price remains at $368. During the following two months (January, February) the price has had an average rise from $372.5 to $394. During the last two months the average price has fallen greatly compared to the previous four going from $383.25 to $188, which means a 49 % fall.