Property prices for rent in Noble Park (Victoria)

The price per m² in Noble Park has risen strongly during the last 6 months. In October, the average price per m² was $0.66. In November this price barely changed remaining at $0.67 per m². The price for the following two months in (December, January) had a considerable rise of 452 %. The price per m² has had a considerable fall of 39 % 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 $1.84 to $0.72 during February, and March.

When referring to the price in Noble Park (suburbs), this has risen considerably in the last 6 months. In our first sample month during October, the average price is $419. In November This price remains at $424. During the following two months (December, January) the average price had a considerable rise of 553 % 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 $1,375.25 to $488, which means a 35 % 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 64 % more affordable than the average price for Noble Park . The properties with the highest average price have 3 bedrooms, Their price is 2263 % more expensive than the average. After that we have properties with 4 bedrooms priced at $515.

With regard to the average prices per m² those properties with 3 bedrooms are 1407 % more expensive than the average price of ($11 / m²) in Noble Park. Properties with the most expensive price when referring to the number of bedrooms / m² are those with 3 bedrooms. They are 1407 % more expensive than the average value aforementioned.

According to average price per property type in Noble Park, "" priced at $398 is 18 % lower than the average price ($484) in this city.