Property prices for rent in Drummond (Victoria)
The rent prices in real estate in Drummond, in the Victoria region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per m² in Drummond has fallen during the last 6 months. In November, the average price per m² was $0.65. In December this price barely changed remaining at $0.63 per m². In the following two months the price per m² has practically remained the same, going from $0.64 to $0.62 per m². The price per m² has fallen 92 % 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 $0.63 to $0.58 during March, and April.
When referring to the price in Drummond (suburbs), this has fallen in the last 6 months. The average price for November is $501. During December the price had a slight fall till $439. During the following two months (January, February) the average price fell 95 % with regard to the previous two months. 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 $458 and $442 between March and April.
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 $434 they are 24 % more affordable than the average price for Drummond . The properties with the highest average price have 4 bedrooms, Their price is 43 % more expensive than the average. After that we have properties with 3 bedrooms priced at $456.
According to average price per property type in Drummond, "" priced at $481 is 11 % more expensive than the average price ($434) in this city.
