The rent prices in real estate in Maidstone, in the Victoria region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per m² in Maidstone has risen strongly during the last 6 months. In October, the average price per m² was . In the following month the price per m² rose considerably to $13.58. The price for the following two months in (December, January) had a considerable fall of 12 with regard to the previous two months. 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 $3.8 to $0.76 during February, and March.
When referring to the price in Maidstone (suburbs), this has risen considerably in the last 6 months. The average price during our first sample month during October, is . During November the price went through a considerable rise reaching $11,640. During the following two months (December, January) the average price had a considerable fall of 9 % 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 $3,163.25 to $488, which means a 15 % 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 $484 they are 38 % more affordable than the average price for Maidstone . The properties with the highest average price have 4 bedrooms, Their price is 48 % more expensive than the average. After that we have properties with 3 bedrooms priced at $543.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of $0.64 / m², with an average $0.76 / m² price in Maidstone. The properties with the most expensive average prices have 1 bedroom. They are 33 % more expensive than the average followed by properties with 2 bedrooms with a price at $0.86 / m².
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $484 it is 21 % more affordable than the average price in Maidstone. "House" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $381 it is 11 % more expensive than the average price.
According to the average cost per m², the most affordable property is "House" at an average price of $0.67 / m² followed by "Apartment" priced at $0.93 / m². "Apartment" is the most expensive type of property with a $0.93 / m² value followed by "House" with an average price of $0.67 / m².