The rent prices in real estate in St Leonards, 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 St Leonards has had a strong fall during the last 6 months. In November, the average price per m² was $0.62. In the following month the price per m² fell to $0.57. The price for the following two months in (January, February) fell 87 % with regard to the previous two months. The price per m² has fallen 88 % 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 $0.56 to $0.49 during March, and April.
When referring to the price in St Leonards (suburbs), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $489. In December This price remains at $469. In the following two months the average price has hardly changed with regard to the previous two months from $479 to $477. 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 $478 and $490 between March and April.