The rent prices in real estate in Lakes Entrance, 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 Lakes Entrance has risen strongly during the last 6 months. In October, the average price per m² was $1.04. In November this price barely changed remaining at $1.04 per m². The price for the following two months in (December, January) had a considerable rise of 206 %. The price per m² has had a considerable rise of 143 % 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 $1.59 to $2.28 during February, and March.
When referring to the price in Lakes Entrance (suburbs), this has risen considerably in the last 6 months. In our first sample month during October, the average price is $1,363. In November This price remains at $1,363. During the following two months (December, January) the average price had a considerable rise of 488 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 152 % during the last two months.