The rent prices in real estate in Penshurst, in the New South Wales 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 Penshurst has fallen during the last 6 months. In October, the average price per m² was $0.96. In November this price barely changed remaining at $0.96 per m². In the following two months the price per m² has practically remained the same, going from $0.96 to $0.94 per m². The price per m² has fallen 90 % 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 $0.95 to $0.86 during February, and March.
When referring to the price in Penshurst (suburbs), this has risen in the last 6 months. In our first sample month during October, the average price is $566. In November This price remains at $574. During the following two months (December, January) the average price had a considerable rise of 117 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 93 %, going from $617.5 to $577 in February and March.