Property prices for rent in Narromine (New South Wales)
The rent prices in real estate in Narromine, in the New South Wales 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 Narromine has had a strong fall during the last 6 months. In November, the average price per m² was $0.54. In the following month the price per m² fell to $0.47. In the following two months the price per m² has practically remained the same, going from $0.5 to $0.52 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 $0.51 to during March, and April.
When referring to the price in Narromine (suburbs), this has risen considerably in the last 6 months. The average price during our first sample month during November, is $414. During December the price went through a considerable rise reaching $1,573. During the following two months (January, February) the average price had a considerable fall of 40 % 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 $696.75 to $522.5, which means a 75 % fall.
