The rent prices in real estate in Armstrong, in the Victoria 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 Armstrong has had a strong fall during the last 6 months. In October, the average price per m² was $0.47. In November this price barely changed remaining at $0.47 per m². In the following two months the price per m² has risen 107 %, going from $0.47 to $0.5 per m². 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 $0.49 to during February, and March.
When referring to the price in Armstrong (suburbs), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $501. In November This price remains at $502. In the following two months the average price has hardly changed with regard to the previous two months from $501.5 to $521.5. During the last two months the average price has fallen greatly compared to the previous four going from $511.5 to , which means a 0 % fall.