Property prices for rent in Ocean Grove (Victoria)
The rent prices in real estate in Ocean Grove, 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 Ocean Grove has risen during the last 6 months. In October, the average price per m² was $0.56. In November this price barely changed remaining at $0.57 per m². In the following two months the price per m² has risen 106 %, going from $0.56 to $0.6 per m². The price per m² has risen 110 % 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 $0.58 to $0.64 during February, and March.
When referring to the price in Ocean Grove (suburbs), this has risen in the last 6 months. In our first sample month during October, the average price is $472. In November This price remains at $478. During the following two months (December, January) the price has had an average rise from $475 to $527. Based on an analysis of the first four prices and the last two months the average price has increased 110 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 50 % more affordable than the average price of $271 in Ocean Grove. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 50 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 34 % more expensive than the average price of ($0.86 / m²) in Ocean Grove. Properties with the most expensive price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 34 % more expensive than the average value aforementioned.
