Property prices for rent in Dandenong (Victoria)

The price per m² in Dandenong has risen strongly during the last 6 months. In October, the average price per m² was $0.64. In November this price barely changed remaining at $0.65 per m². The price for the following two months in (December, January) had a considerable rise of 1291 %. The price per m² has had a considerable fall of 20 % 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 $4.49 to $0.88 during February, and March.

When referring to the price in Dandenong (suburbs), this has risen considerably in the last 6 months. In our first sample month during October, the average price is $385. In November This price remains at $393. During the following two months (December, January) the average price had a considerable rise of 375 % 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 $923.25 to $485.5, which means a 53 % fall.

The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $474 they are 32 % more affordable than the average price for Dandenong . The properties with the highest average price have 4 bedrooms, Their price is 16 % more expensive than the average. After that we have properties with 3 bedrooms priced at $456.

With regard to the average prices per m² those properties with 1 bedroom are 22 % more expensive than the average price of ($1 / m²) in Dandenong. Properties with the most expensive price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 22 % more expensive than the average value aforementioned.

According to average price per property type in Dandenong, "" priced at $371 is 22 % lower than the average price ($474) in this city.