Property prices for rent in Korumburra (Victoria)
The rent prices in real estate in Korumburra, 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 Korumburra has had a strong fall during the last 6 months. In November, the average price per m² was $0.35. In the following month the price per m² rose considerably to $0.52. The price for the following two months in (January, February) had a considerable fall of 41 with regard to the previous two months. The price per m² has had a considerable fall of 59 % 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 $0.31 to $0.18 during March, and April.
When referring to the price in Korumburra (suburbs), this has fallen in the last 6 months. The average price during our first sample month during November, is $328. During December the price went through a considerable rise reaching $406. During the following two months (January, February) the average price fell 86 % 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 $340.5 to $258.5, which means a 76 % fall.
