The rent prices in real estate in Parramatta Park, in the Queensland region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per m² in Parramatta Park has risen strongly during the last 6 months. In October, the average price per m² was $0.83. In November this price barely changed remaining at $0.83 per m². The price for the following two months in (December, January) had a considerable fall of 48 with regard to the previous two months. The price per m² has had a considerable rise of 605 % 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 $0.61 to $3.7 during February, and March.
When referring to the price in Parramatta Park (suburbs), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $398. In November This price remains at $401. In the following two months the average price has hardly changed with regard to the previous two months from $399.5 to $390.5. During the last two months the average price has fallen greatly compared to the previous four going from $395 to $180, which means a 46 % fall.