The rent prices in real estate in West Wodonga, in the Victoria region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per m² in West Wodonga has had a strong fall during the last 6 months. In September, the average price per m² was $5.06. In the following month the price per m² fell considerably to $0.5. The price for the following two months in (November, December) had a considerable fall of 9 with regard to the previous two months. The price per m² has had a considerable fall of 44 % 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 $1.52 to $0.67 during January, and February.
When referring to the price in West Wodonga (suburbs), this has fallen considerably in the last 6 months. In our first sample month during September, the average price is $432. In October This price remains at $441. In the following two months the average price has hardly changed with regard to the previous two months from $436.5 to $441. During the last two months the average price has fallen greatly compared to the previous four going from $438.75 to $253.5, which means a 58 % fall.