The rent prices in real estate in Moe, 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 Moe has risen strongly during the last 6 months. In November, the average price per m² was $0.22. In the following month the price per m² rose considerably to $0.37. The price for the following two months in (January, February) had a considerable rise of 117 %. The price per m² has had a considerable rise of 127 % 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 $0.32 to $0.41 during March, and April.
When referring to the price in Moe (suburbs), this has risen considerably in the last 6 months. The average price during our first sample month during November, is $164. During December the price went through a considerable rise reaching $265. During the following two months (January, February) the average price had a considerable rise of 131 % 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 137 % during the last two months.