Property prices for rent in Sorrento (Victoria)
The rent prices in real estate in Sorrento, in the Victoria region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per m² in Sorrento has barely changed in the last 6 months. In November, the average price per m² was $0.73. In the following month the price per m² fell to $0.65. In the following two months the price per m² has practically remained the same, going from $0.69 to $0.68 per m². The price per m² has had a considerable rise of 115 % 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 $0.69 to $0.79 during March, and April.
When referring to the price in Sorrento (suburbs), this has risen in the last 6 months. The average price for November is $642. During December the price had a slight fall till $560. During the following two months (January, February) the average price had a considerable rise of 121 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 121 % during the last two months.
