The rent prices in real estate in Bright, 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 Bright has risen during the last 6 months. In October, the average price per m² was $1.14. In the following month the price per m² rose to $1.2. In the following two months the price per m² has practically remained the same, going from $1.17 to $1.18 per m². 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 $1.17 to $1.23 during February y March
When referring to the price in Bright (suburbs), this has risen in the last 6 months. The rent price in October is $945, rising in November till $1,004. In the following two months the average price has hardly changed with regard to the previous two months from $974.5 to $1,010.5. 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 $992.5 and $1,019 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 $1,079 they are 64 % more affordable than the average price for Bright . The properties with the highest average price have 4 bedrooms, Their price is 80 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,238.
With regard to the average price per m², those properties with 2 bedrooms are the most affordable ones at a cost of $0.95 / m², with an average $1.26 / m² price in Bright. The properties with the most expensive average prices have 4 bedrooms. They are 31 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.4 / m².
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $1,079 it is 41 % more affordable than the average price in Bright. "House" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Condo". At a price of $634 it is 39 % more expensive than the average price.
According to the average cost per m², the most affordable property is "Condo" at an average price of $1.04 / m² followed by "House" priced at $1.47 / m². "House" is the most expensive type of property with a $1.47 / m² value followed by "Condo" with an average price of $1.04 / m².