The rent prices in real estate in Wanganui, in the Manawatu-Whanganui 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 Wanganui has risen strongly during the last 6 months. In October, the average price per m² was $0.83. In November this price barely changed remaining at $0.87 per m². In the following two months the price per m² has risen 114 %, going from $0.85 to $0.97 per m². The price per m² has had a considerable rise of 168 % 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 $0.91 to $1.53 during February, and March.
When referring to the price in Wanganui (suburbs), this has risen considerably in the last 6 months. In our first sample month during October, the average price is $460. In November This price remains at $478. During the following two months (December, January) the average price had a considerable rise of 210 % with regard to the previous two months. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $727 and $705.5 between February and March.