The rent prices in real estate in Tullamarine, in the Victoria region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per m² in Tullamarine has fallen during the last 6 months. In October, the average price per m² was $0.8. In November this price barely changed remaining at $0.8 per m². The price for the following two months in (December, January) fell 95 % with regard to the previous two months. The price per m² has fallen 92 % 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 $0.78 to $0.71 during February, and March.
When referring to the price in Tullamarine (suburbs), this has fallen in the last 6 months. In our first sample month during October, the average price is $571. In November This price remains at $571. In the following two months the average price has hardly changed with regard to the previous two months from $571 to $549.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 86 %, going from $560.25 to $482 in February and March.