The rent prices in real estate in Rosedale, 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 Rosedale has had a strong fall during the last 6 months. In November, the average price per m² was $0.54. In December this price barely changed remaining at $0.53 per m². The price for the following two months in (January, February) had a considerable fall of 0 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 $0.27 to during March, and April.
When referring to the price in Rosedale (suburbs), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $358. In December This price remains at $361. In the following two months the average price has hardly changed with regard to the previous two months from $359.5 to $363. During the last two months the average price has fallen greatly compared to the previous four going from $361.25 to $178.5, which means a 49 % fall.