The rent prices in real estate in Whakatane, in the Bay Of Plenty 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 Whakatane has risen strongly during the last 6 months. In November, the average price per m² was $6.22. In the following month the price per m² fell considerably to $4.75. The price for the following two months in (January, February) had a considerable rise of 192 %. The price per m² has had a considerable fall of 66 % 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 $8.02 to $5.32 during March, and April.
When referring to the price in Whakatane (suburbs), this has fallen considerably in the last 6 months. The rent price in November is $38,675, rising in December till $42,833. During the following two months (January, February) the average price had a considerable fall of 35 % 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 $27,484.5 to $1,473.5, which means a 5 % fall.