The rent prices in real estate in Lilydale, 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 Lilydale has risen during the last 6 months. In October, the average price per m² was $0.62. In November this price barely changed remaining at $0.63 per m². In the following two months the price per m² has risen 111 %, going from $0.62 to $0.69 per m². The price per m² has risen 113 % 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 $0.75 during February, and March.
When referring to the price in Lilydale (suburbs), this has risen in the last 6 months. In our first sample month during October, the average price is $511. In November This price remains at $516. During the following two months (December, January) the price has had an average rise from $513.5 to $564. Based on an analysis of the first four prices and the last two months the average price has increased 107 % 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 $565 they are 38 % more affordable than the average price for Lilydale . The properties with the highest average price have 4 bedrooms, Their price is 9 % more expensive than the average. After that we have properties with 3 bedrooms priced at $536.
According to average price per property type in Lilydale, "" priced at $540 is 4 % lower than the average price ($565) in this city.