Property prices for rent in Carlton (Victoria)
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 March, the average price per m² was $1.33. In April this price barely changed remaining at $1.3 per m². In the following two months the price per m² has practically remained the same, going from $1.32 to $1.37 per m². The price per m² has had a considerable rise of 2286 % 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 $1.34 to $30.64 during July, and August.
When referring to the price in Carlton (suburbs), this has risen considerably in the last 6 months. In our first sample month during March, the average price is $591. In April This price remains at $565. In the following two months the average price has hardly changed with regard to the previous two months from $578 to $588.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 254 % 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 $1,316 they are 67 % more affordable than the average price for Carlton . The properties with the highest average price have 4 bedrooms, Their price is 24 % more expensive than the average. After that we have properties with 3 bedrooms priced at $804.
With regard to the average price per m², those properties with 3 bedrooms are the most affordable ones at a cost of $0.98 / m², with an average $22 / m² price in Carlton. The properties with the most affordable average prices have 4 bedrooms. They are 42 % more affordable than the average followed by properties with 1 bedroom with a price at $1.4 / m².
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,316 it is 53 % more affordable than the average price in Carlton. "Apartment" is seen as the second most affordable property type. The most expensive property type is "Studio" followed by "Apartment". At a price of $1,297 it is 501 % more expensive than the average price.
According to the average cost per m², the most affordable property is "House" at an average price of $0.83 / m² followed by "Apartment" priced at $22.02 / m². "Studio" is the most expensive type of property with a $36 / m² value followed by "Apartment" with an average price of $22.02 / m².
