Property prices for rent in Box Hill (Victoria)
The rent prices in real estate in Box Hill, in the Victoria region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per m² in Box Hill has risen during the last 6 months. In October, the average price per m² was $0.93. In November this price barely changed remaining at $0.93 per m². The price for the following two months in (December, January) had a considerable rise of 117 %. The price per m² has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.01 to $1.03 during February y March
When referring to the price in Box Hill (suburbs), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $592. In November This price remains at $600. In the following two months the average price has hardly changed with regard to the previous two months from $596 to $603. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $599.5 and $578.5 between February and March.
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 $578 they are 23 % more affordable than the average price for Box Hill . The properties with the highest average price have 4 bedrooms, Their price is 47 % more expensive than the average. After that we have properties with 3 bedrooms priced at $660.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of $0.76 / m², with an average $1.01 / m² price in Box Hill. The properties with the most expensive average prices have 1 bedroom. They are 36 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.07 / m².
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $578 it is 6 % more affordable than the average price in Box Hill. "House" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $546 it is 12 % more expensive than the average price.
According to the average cost per m², the most affordable property is "House" at an average price of $0.72 / m² followed by "Apartment" priced at $1.11 / m². "Apartment" is the most expensive type of property with a $1.11 / m² value followed by "House" with an average price of $0.72 / m².
