The rent prices in real estate in Lyndhurst, 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 Lyndhurst has risen strongly during the last 6 months. In November, the average price per m² was $0.54. In December this price barely changed remaining at $0.55 per m². The price for the following two months in (January, February) had a considerable rise of 187 %. The price per m² has had a considerable fall of 77 % 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 $0.78 to $0.61 during March, and April.
When referring to the price in Lyndhurst (suburbs), this has risen considerably in the last 6 months. The average price during our first sample month during November, is $1,240. During December the price went through a considerable rise reaching $3,277. During the following two months (January, February) the average price had a considerable fall of 69 % 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 $1,906 to $580, which means a 30 % fall.