The rent prices in real estate in Mount Gambier, in the South Australia region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per m² in Mount Gambier has fallen during the last 6 months. In October, the average price per m² was $0.54. In the following month the price per m² fell to $0.51. In the following two months the price per m² has practically remained the same, going from $0.52 to $0.52 per m². The price per m² has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $0.52 to $0.5 during February y March
When referring to the price in Mount Gambier (suburbs), this has fallen considerably in the last 6 months. The average price for October is $597. During November the price had a considerable fall till $372. During the following two months (December, January) the average price had a considerable rise of 130 % 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 $558.25 to $413, which means a 74 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $417 they are 50 % more affordable than the average price for Mount Gambier . The properties with the highest average price have 4 bedrooms, Their price is 16 % more expensive than the average. After that we have properties with 3 bedrooms priced at $410.
According to average price per property type in Mount Gambier, "" priced at $440 is 6 % more expensive than the average price ($417) in this city.