The rent prices in real estate in Wangaratta, 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 Wangaratta has risen strongly during the last 6 months. In October, the average price per m² was $0.82. In November this price barely changed remaining at $0.82 per m². The price for the following two months in (December, January) had a considerable rise of 151 %. The price per m² has had a considerable fall of 70 % 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 $1.03 to $0.71 during February, and March.
When referring to the price in Wangaratta (suburbs), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $2,317. In November This price remains at $2,224. During the following two months (December, January) the average price had a considerable rise of 180 % 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 $3,178.25 to $477.5, which means a 15 % fall.