Property prices for rent in Parap (Northern Territory)
The rent prices in real estate in Parap, 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 Parap has had a strong fall during the last 6 months. In November, the average price per m² was $1.79. In the following month the price per m² fell considerably to $0.91. 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 $0.68 to during March, and April.
When referring to the price in Parap (suburbs), this has fallen in the last 6 months. The rent price in November is $677, rising in December till $728. During the following two months (January, February) the price has had an average rise from $702.5 to $757. During the last two months the average price has fallen greatly compared to the previous four going from $729.75 to $323.5, which means a 44 % fall.
