The rent prices in real estate in Tarneit, 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 Tarneit has had a strong fall during the last 6 months. In October, the average price per m² was $21.39. In the following month the price per m² fell to $19.75. The price for the following two months in (December, January) had a considerable rise of 150 %. The price per m² has had a considerable fall of 12 % 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 $25.69 to $3.05 during February, and March.
When referring to the price in Tarneit (suburbs), this has fallen considerably in the last 6 months. The average price for October is $20,428. During November the price had a slight fall till $18,776. During the following two months (December, January) the average price had a considerable rise of 159 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $25,414.75 to $865.5, which means a 3 % fall.