The rent prices in real estate in Hastings, in the Victoria region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per m² in Hastings has risen during the last 6 months. In September, the average price per m² was $0.65. In October this price barely changed remaining at $0.66 per m². In the following two months the price per m² has practically remained the same, going from $0.65 to $0.67 per m². The price per m² has had a considerable rise of 121 % 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 $0.66 to $0.8 during January, and February.
When referring to the price in Hastings (suburbs), this has risen considerably in the last 6 months. In our first sample month during September, the average price is $586. In October This price remains at $567. During the following two months (November, December) the average price had a considerable rise of 142 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 186 % during the last two months.
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 $2,102 they are 86 % more affordable than the average price for Hastings . Based on the bedrooms values, properties with the most affordable rent prices are those with 3 bedrooms. They are 75 % more affordable than the average aforementioned.
With regard to the average price per m², those properties with 3 bedrooms are the most affordable ones at a cost of $0.62 / m², with an average $0.85 / m² price in Hastings. Properties with the most expensive price when referring to the number of bedrooms / m² are those with 2 bedrooms. They are 6 % more expensive than the average value aforementioned.