Property prices for rent in Cheltenham (Victoria)

The price per m² in Cheltenham has barely changed in the last 6 months. In October, the average price per m² was $0.84. In November this price barely changed remaining at $0.82 per m². In the following two months the price per m² has practically remained the same, going from $0.83 to $0.84 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 $0.83 to $0.86 during February y March

When referring to the price in Cheltenham (suburbs), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $597. In November This price remains at $570. In the following two months the average price has hardly changed with regard to the previous two months from $583.5 to $573.5. 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 $578.5 and $565.5 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 $549 they are 32 % more affordable than the average price for Cheltenham . The properties with the highest average price have 4 bedrooms, Their price is 63 % more expensive than the average. After that we have properties with 3 bedrooms priced at $593.

With regard to the average price per m², those properties with 3 bedrooms are the most affordable ones at a cost of $0.73 / m², with an average $0.84 / m² price in Cheltenham. The properties with the most expensive average prices have 1 bedroom. They are 37 % more expensive than the average followed by properties with 2 bedrooms with a price at $0.85 / m².

According to average price per property type in Cheltenham, "" priced at $481 is 12 % lower than the average price ($549) in this city.