Property prices for rent in Ringwood North (Victoria)
The rent prices in real estate in Ringwood North, in the Victoria region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per m² in Ringwood North has had a strong fall during the last 6 months. In November, the average price per m² was $0.73. In the following month the price per m² fell considerably to $0.62. The price for the following two months in (January, February) had a considerable fall of 44 with regard to the previous two months. The price per m² has had a considerable fall of 0 % 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 $0.49 to during March, and April.
When referring to the price in Ringwood North (suburbs), this has fallen considerably in the last 6 months. The average price for November is $518. During December the price had a considerable fall till $406. In the following two months the average price has hardly changed with regard to the previous two months from $462 to $462.5. During the last two months the average price has fallen greatly compared to the previous four going from $462.25 to $259.5, which means a 56 % fall.
