The rent prices in real estate in Carlton, 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 Carlton has risen strongly during the last 6 months. In December, the average price per m² was $9.9. In the following month the price per m² fell to $9.05. The price for the following two months in (February, March) had a considerable rise of 186 %. The price per m² has had a considerable rise of 174 % 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 $13.56 to $23.61 during April, and May.
When referring to the price in Carlton (suburbs), this has risen considerably in the last 6 months. The average price for December is $546. During January the price had a slight fall till $504. During the following two months (February, March) the average price had a considerable rise of 174 % 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 199 % 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 $1,499 they are 27 % more affordable than the average price for Carlton . The properties with the highest average price have 3 bedrooms, Their price is 447 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,551.
With regard to the average price per m², those properties with 1 bedroom are the most affordable ones at a cost of $21.85 / m², with an average $24.52 / m² price in Carlton. The properties with the most expensive average prices have 3 bedrooms. They are 190 % more expensive than the average followed by properties with 2 bedrooms with a price at $25.12 / m².
With regard to the average price based on the property in Carlton we can see that the least affordable type of property is "Apartment" at $8,207, which is 447 % more expensive than the average price. "Apartment" has the most expensive price. This price is 447 % more expensive than the average price aforementioned.
According to the average area price by m² the most expensive property type is "Apartment with an average cost of $71 / m². "Apartment" at an average price of $71 / m² has the highest price and would be directed at more affluent cities.