The rent prices in real estate in Berwick, 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 Berwick 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 $0.55 per m². In the following two months the price per m² has practically remained the same, going from $0.55 to $0.56 per m². The price per m² has had a considerable rise of 16086 % 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 $0.55 to $88.88 during February, and March.
When referring to the price in Berwick (suburbs), this has risen considerably in the last 6 months. In our first sample month during October, the average price is $536. In November This price remains at $535. In the following two months the average price has hardly changed with regard to the previous two months from $535.5 to $554.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 1788 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $9,719 they are 98 % more affordable than the average price for Berwick . The properties with the lowest average price have 4 bedrooms, Their price is 94 % more affordable than the average. After that we have properties with 3 bedrooms priced at $488.
According to average price per property type in Berwick, "" priced at $545 is 94 % lower than the average price ($9,719) in this city.