The rent prices in real estate in Rockdale, in the New South Wales 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 Rockdale has risen strongly during the last 6 months. In October, the average price per m² was $0.16. In the following month the price per m² rose considerably to $1.8. In the following two months the price per m² has practically remained the same, going from $0.98 to $1 per m². The price per m² has had a considerable fall of 51 % 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 $0.99 to $0.5 during February, and March.
When referring to the price in Rockdale (suburbs), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $100. During November the price went through a considerable rise reaching $235. During the following two months (December, January) the price has had an average rise from $167.5 to $179. During the last two months the average price has fallen greatly compared to the previous four going from $173.25 to $89.5, which means a 52 % fall.