Property prices for rent in Armadale (Victoria)

The rent prices in real estate in Armadale, 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.

$1,361.67
Average price last 6 months
$8.52
Price/m² last 6 months
Average price per m2

The price per m² in Armadale has risen strongly during the last 6 months. In February, the average price per m² was . In the following month the price per m² rose considerably to . The price for the following two months in (April, May) had a considerable rise of 2147483647 %. The price per m² has had a considerable rise of 368 % 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 $2.25 to $8.28 during June, and July.

Average price

When referring to the price in Armadale (suburbs), this has risen considerably in the last 6 months. The average price during our first sample month during February, is . During March the price went through a considerable rise reaching . During the following two months (April, May) the average price had a considerable rise of 2147483647 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 1678 % during the last two months.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most expensive ones. At a price of $3,290 they are 319 % more expensive than the average price for Armadale. Following this ranking we find those properties with 1 at an average price of $13,870. The properties with the highest average price have 1 bedroom, Their price is 322 % more expensive than the average. After that we have properties with 2 bedrooms priced at $13,800.

With regard to the average price per m², those properties with 2 bedrooms are the most expensive ones at a cost of $99 / m², with an average $11.77 / m² price in Armadale. The properties with the most expensive average prices have 1 bedroom. They are 784 % more expensive than the average followed by properties with 2 bedrooms with a price at $99 / m².

Price per property type

The graph displaying the average rent prices displays the property type "Apartment" as the most expensive one. At an cost of $3,290 it is 317 % more expensive than the average price in Armadale. "House" is seen as the second most expensive property type. The most expensive property type is "House" followed by "Apartment". At a price of $13,730 it is 319 % more expensive than the average price.

According to the average cost per m², the least affordable property would be "Apartment" at an average price of $94 / m² followed by "House" priced at $99 / m². "House" is the most expensive type of property with a $99 / m² value followed by "Apartment" with an average price of $94 / m².

Charts data
Average price July
Average price per m² July
Number of properties used in Armadale
Number of properties used in region Victoria
$3,290
$11.77
22
1,770
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value