The rent prices in real estate in Picnic Point, 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 Picnic Point has fallen during the last 6 months. In November, the average price per m² was $0.87. In December this price barely changed remaining at $0.88 per m². The price for the following two months in (January, February) fell 89 % with regard to the previous two months. The price per m² has fallen 92 % 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 $0.82 to $0.76 during March, and April.
When referring to the price in Picnic Point (suburbs), this has fallen considerably in the last 6 months. The average price for November is $874. During December the price had a considerable fall till $689. During the following two months (January, February) the average price had a considerable fall of 82 % 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 94 %, going from $712 to $666.5 in March and April.