Property prices for rent in Sandringham (Victoria)
The rent prices in real estate in Sandringham, 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 Sandringham has had a strong fall during the last 6 months. In November, the average price per m² was $1.37. In the following month the price per m² fell considerably to $1. The price for the following two months in (January, February) had a considerable fall of 84 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 $1.09 to $1 during March, and April.
When referring to the price in Sandringham (suburbs), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $1,233. In December This price remains at $1,231. In the following two months the average price has hardly changed with regard to the previous two months from $1,232 to $1,231. 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 $1,231.5 and $1,231 between March and April.
