Property prices for rent in Ringwood East (Victoria)
The rent prices in real estate in Ringwood East, in the Victoria region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per m² in Ringwood East has fallen during the last 6 months. In October, the average price per m² was $0.76. In November this price barely changed remaining at $0.76 per m². The price for the following two months in (December, January) fell 92 % with regard to the previous two months. The price per m² has fallen 92 % 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 $0.73 to $0.68 during February, and March.
When referring to the price in Ringwood East (suburbs), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $472. In November This price remains at $472. In the following two months the average price has hardly changed with regard to the previous two months from $472 to $473.5. Based on an analysis of the first four prices and the last two months the average price has increased 111 % during the last two months.
