The rent prices in real estate in Warragul, 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 Warragul has risen strongly during the last 6 months. In October, the average price per m² was $0.55. In November this price barely changed remaining at $0.56 per m². The price for the following two months in (December, January) had a considerable rise of 130 %. The price per m² has had a considerable rise of 131 % 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 $0.64 to $0.83 during February, and March.
When referring to the price in Warragul (suburbs), this has risen considerably in the last 6 months. In our first sample month during October, the average price is $454. In November This price remains at $459. During the following two months (December, January) the average price had a considerable rise of 138 % 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 89 %, going from $542.5 to $485.5 in February and March.