The rent prices in real estate in Torrensville Plaza, in the South Australia 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 Torrensville Plaza has risen strongly during the last 6 months. In September, the average price per m² was . In the following month the price per m² rose considerably to $1.66. The price for the following two months in (November, December) had a considerable rise of 1098 %. The price per m² has had a considerable fall of 16 % 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 $4.97 to $0.79 during January, and February.
When referring to the price in Torrensville Plaza (suburbs), this has risen considerably in the last 6 months. The average price during our first sample month during September, is . During October the price went through a considerable rise reaching $227. During the following two months (November, December) the average price had a considerable rise of 945 % 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 87 %, going from $593.25 to $517.5 in January and February.