The rent prices in real estate in Wool Bay, in the South Australia 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 Wool Bay has fallen during the last 6 months. In October, the average price per m² was $0.72. In November this price barely changed remaining at $0.72 per m². The price for the following two months in (December, January) had a considerable fall of 0 with regard to the previous two months. The price per m² has had a considerable rise of 369 % 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 $0.36 to $1.33 during February, and March.
When referring to the price in Wool Bay (suburbs), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $553. In November This price remains at $553. During the following two months (December, January) the average price had a considerable fall of 50 % 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 had a strong increase of 122 % during the last two months.