Property prices for rent in Nelson (Nelson Bays)
The rent prices in real estate in Nelson, in the Nelson Bays 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 Nelson has risen strongly during the last 6 months. In October, the average price per m² was $2.82. In the following month the price per m² fell to $2.41. The price for the following two months in (December, January) had a considerable rise of 119 %. The price per m² has had a considerable rise of 147 % 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 $2.86 to $4.19 during February, and March.
When referring to the price in Nelson (suburbs), this has risen considerably in the last 6 months. The rent price in October is $565, rising in November till $599. During the following two months (December, January) the average price had a considerable rise of 369 % 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 $1,364 to $589.5, which means a 43 % fall.
