Property prices for rent in Portland (Victoria)

The rent prices in real estate in Portland, 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.

$672.67
Average price last 6 months
$2.64
Price/m² last 6 months
Average price per m2

The price per m² in Portland has risen strongly during the last 6 months. In September, the average price per m² was $0.58. In October this price barely changed remaining at $0.59 per m². In the following two months the price per m² has risen 107 %, going from $0.58 to $0.62 per m². The price per m² has had a considerable rise of 1107 % 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 $0.61 to $6.7 during January, and February.

Average price

When referring to the price in Portland (suburbs), this has risen considerably in the last 6 months. In our first sample month during September, the average price is $428. In October This price remains at $432. During the following two months (November, December) the price has had an average rise from $430 to $452.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 257 % during the last two months.

Charts data
Average price February
Average price per m² February
Number of properties used in Portland
Number of properties used in region Victoria
$1,662
$6.83
354
270,202
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value