The rent prices in real estate in Metung, in the Victoria region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per m² in Metung has risen during the last 6 months. In October, the average price per m² was $0.57. In the following month the price per m² rose to $0.61. The price for the following two months in (December, January) had a considerable rise of 123 %. The price per m² has had a considerable fall of 73 % 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 $0.66 to $0.48 during February, and March.
When referring to the price in Metung (suburbs), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $490. In November This price remains at $480. In the following two months the average price has hardly changed with regard to the previous two months from $485 to $476. 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 $480.5 and $484 between February and March.