The rent prices in real estate in Somerton Park, in the Victoria region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per m² in Somerton Park has risen during the last 6 months. In November, the average price per m² was $0.8. In the following month the price per m² rose to $0.87. In the following two months the price per m² has risen 108 %, going from $0.83 to $0.9 per m². The price per m² has risen 107 % 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 $0.87 to $0.93 during March, and April.
When referring to the price in Somerton Park (suburbs), this has fallen in the last 6 months. The rent price in November is $666, rising in December till $756. During the following two months (January, February) the average price had a considerable fall of 84 % 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 92 %, going from $652.75 to $600.5 in March and April.