Property prices for rent in Somers (Victoria)
The rent prices in real estate in Somers, 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 Somers has had a strong fall during the last 6 months. In November, the average price per m² was $0.95. In December this price barely changed remaining at $0.92 per m². The price for the following two months in (January, February) had a considerable rise of 120 %. 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 $1.03 to during March, and April.
When referring to the price in Somers (suburbs), this has risen considerably in the last 6 months. In our first sample month during November, the average price is $728. In December This price remains at $736. During the following two months (January, February) the average price had a considerable rise of 146 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 91 %, going from $901.75 to $820 in March and April.
