The rent prices in real estate in Dunedin, in the Otago region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per m² in Dunedin has had a strong fall during the last 6 months. In June, the average price per m² was $8.68. In the following month the price per m² fell considerably to $4.09. The price for the following two months in (August, September) had a considerable fall of 28 with regard to the previous two months. The price per m² has had a considerable fall of 0 % 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 $4.09 to during October, and November.
When referring to the price in Dunedin (suburbs), this has fallen considerably in the last 6 months. The average price for June is $1,847. During July the price had a considerable fall till $484. During the following two months (August, September) the average price had a considerable fall of 20 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $696.75 to , which means a 0 % fall.