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 October, the average price per m² was $1.38. In November this price barely changed remaining at $1.34 per m². The price for the following two months in (December, January) had a considerable rise of 160 %. The price per m² has had a considerable fall of 76 % 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 $1.77 to $1.34 during February, and March.
When referring to the price in Carlton (suburbs), this has risen considerably in the last 6 months. In our first sample month during October, the average price is $578. In November This price remains at $561. During the following two months (December, January) the average price had a considerable rise of 183 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $806 to $594, which means a 74 % fall.
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 $591 they are 23 % more affordable than the average price for Carlton . The properties with the highest average price have 4 bedrooms, Their price is 131 % more expensive than the average. After that we have properties with 3 bedrooms priced at $941.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of $1 / m², with an average $1.33 / m² price in Carlton. The properties with the most expensive average prices have 1 bedroom. They are 10 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.25 / m².
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $591 it is 2 % more affordable than the average price in Carlton. "" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $1,136 it is 1244 % more expensive than the average price.
According to the average cost per m², the most affordable property is "Apartment" at an average price of $1 / m² followed by "House" priced at $41 / m². "House" is the most expensive type of property with a $41 / m² value followed by "Apartment" with an average price of $1 / m².