The rent prices in real estate in Camperdown, 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 Camperdown has risen strongly during the last 6 months. In September, the average price per m² was $1.37. In the following month the price per m² fell to $1.29. The price for the following two months in (November, December) had a considerable rise of 429 %. The price per m² has had a considerable rise of 239 % 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 $3.52 to $8.4 during January, and February.
When referring to the price in Camperdown (suburbs), this has risen considerably in the last 6 months. In our first sample month during September, the average price is $565. In October This price remains at $537. During the following two months (November, December) the average price had a considerable rise of 121 % 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 138 % 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 $793 they are 36 % more affordable than the average price for Camperdown . The properties with the highest average price have 2 bedrooms, Their price is 253 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,372.
With regard to the average price per m², those properties with 1 bedroom are the most affordable ones at a cost of $1.58 / m², with an average $5.73 / m² price in Camperdown. The properties with the most expensive average prices have 4 bedrooms. They are 7422 % more expensive than the average followed by properties with 3 bedrooms with a price at $301.2 / m².
With regard to the average price based on the property in Camperdown we can see that the least affordable type of property is "House" at $1,263, which is 59 % more expensive than the average price. "House" has the most expensive price. This price is 59 % more expensive than the average price aforementioned.
According to the average area price by m² the most expensive property type is "House with an average cost of $8 / m². "House" at an average price of $8 / m² has the highest price and would be directed at more affluent cities.