Property prices for rent in Mornington (Victoria)
The rent prices in real estate in Mornington, 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 Mornington has risen during the last 6 months. In October, the average price per m² was $0.77. In November this price barely changed remaining at $0.79 per m². In the following two months the price per m² has risen 107 %, going from $0.78 to $0.83 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 $0.81 to $0.91 during February, and March.
When referring to the price in Mornington (suburbs), this has risen in the last 6 months. In our first sample month during October, the average price is $676. In November This price remains at $677. During the following two months (December, January) the price has had an average rise from $676.5 to $733.5. 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 2 bedrooms are the most affordable ones. At a price of $763 they are 36 % more affordable than the average price for Mornington . The properties with the highest average price have 4 bedrooms, Their price is 2 % more expensive than the average. After that we have properties with 3 bedrooms priced at $629.
According to average price per property type in Mornington, "" priced at $688 is 10 % lower than the average price ($763) in this city.
