The rent prices in real estate in Port Elliot, in the South Australia 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 Port Elliot has risen strongly during the last 6 months. In October, the average price per m² was $0.38. In November this price barely changed remaining at $0.37 per m². The price for the following two months in (December, January) had a considerable rise of 276 %. The price per m² has had a considerable rise of 196 % 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 $0.7 to $1.38 during February, and March.
When referring to the price in Port Elliot (suburbs), this has risen considerably in the last 6 months. In our first sample month during October, the average price is $293. In November This price remains at $291. During the following two months (December, January) the average price had a considerable rise of 221 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has increased 106 % during the last two months.