The rent prices in real estate in Tootgarook, in the Victoria region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per m² in Tootgarook has risen strongly during the last 6 months. In November, the average price per m² was $0.58. In December this price barely changed remaining at $0.6 per m². In the following two months the price per m² has risen 108 %, going from $0.59 to $0.64 per m². The price per m² has had a considerable rise of 225 % 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 $0.62 to $1.38 during March, and April.
When referring to the price in Tootgarook (suburbs), this has risen in the last 6 months. The rent price in November is $470, rising in December till $499. During the following two months (January, February) the price has had an average rise from $484.5 to $534.5. Based on an analysis of the first four prices and the last two months the average price has increased 108 % during the last two months.