The rent prices in real estate in Fyansford, 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 Fyansford has had a strong fall during the last 6 months. In October, the average price per m² was $0.72. In November this price barely changed remaining at $0.73 per m². In the following two months the price per m² has risen 111 %, going from $0.73 to $0.81 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 $0.76 to during February, and March.
When referring to the price in Fyansford (suburbs), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $441. In November This price remains at $432. In the following two months the average price has hardly changed with regard to the previous two months from $436.5 to $440.5. 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 $438.5 and $432 between February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $434 they are 31 % more affordable than the average price for Fyansford . The properties with the highest average price have 3 bedrooms, Their price is 35 % more expensive than the average. After that we have properties with 4 bedrooms priced at $529.
According to average price per property type in Fyansford, "" priced at $500 is 15 % more expensive than the average price ($434) in this city.