Property prices for rent in Cowes (Victoria)

The price per m² in Cowes has risen strongly during the last 6 months. In October, the average price per m² was $0.57. In November this price barely changed remaining at $0.57 per m². The price for the following two months in (December, January) had a considerable rise of 170 %. The price per m² has had a considerable rise of 253 % 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 $0.77 to $1.95 during February, and March.

When referring to the price in Cowes (suburbs), this has fallen in the last 6 months. In our first sample month during October, the average price is $424. In November This price remains at $423. During the following two months (December, January) the price has had an average rise from $423.5 to $471.5. During the last two months the average price has fallen greatly compared to the previous four going from $447.5 to $266.5, which means a 60 % 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 $533 they are 45 % more affordable than the average price for Cowes . The properties with the highest average price have 4 bedrooms, Their price is 1 % more expensive than the average. After that we have properties with 3 bedrooms priced at $415.

According to average price per property type in Cowes, "" priced at $421 is 21 % lower than the average price ($533) in this city.