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.
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.
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.
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.
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.