The rent prices in real estate in Hoppers Crossing, in the Victoria 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 Hoppers Crossing has risen strongly 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 practically remained the same, going from $0.47 to $0.49 per m². The price per m² has had a considerable rise of 9966 % 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 $0.48 to $47.83 during February, and March.
When referring to the price in Hoppers Crossing (suburbs), this has risen considerably in the last 6 months. In our first sample month during October, the average price is $472. In November This price remains at $474. During the following two months (December, January) the price has had an average rise from $473 to $497. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 1117 % during the last two months.