Property prices for rent in Northcote (Victoria)

The price per m² in Northcote has barely changed in the last 6 months. In October, the average price per m² was $1.13. In November this price barely changed remaining at $1.13 per m². The price for the following two months in (December, January) had a considerable fall of 44 with regard to the previous two months. The price per m² has had a considerable rise of 230 % 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 $1.88 during February, and March.

When referring to the price in Northcote (suburbs), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $656. In November This price remains at $656. During the following two months (December, January) the average price had a considerable fall of 51 % 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 148 % 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 $795 they are 48 % more affordable than the average price for Northcote . The properties with the highest average price have 4 bedrooms, Their price is 30 % more expensive than the average. After that we have properties with 3 bedrooms priced at $853.

With regard to the average prices per m² those properties with 1 bedroom are 64 % more affordable than the average price of ($1 / m²) in Northcote. Properties with the most affordable price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 64 % more affordable than the average value aforementioned.

According to average price per property type in Northcote, "" priced at $796 is 0 % more expensive than the average price ($795) in this city.