Property prices for rent in Preston (Victoria)

The rent prices in real estate in Preston, in the Victoria region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.

$539.83
Average price last 6 months
$0.94
Price/m² last 6 months
Average price per m2

The price per m² in Preston has barely changed in the last 6 months. In October, the average price per m² was $0.95. In November this price barely changed remaining at $0.95 per m². In the following two months the price per m² has practically remained the same, going from $0.95 to $0.95 per m². The price per m² has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $0.95 to $0.93 during February y March

Average price

When referring to the price in Preston (suburbs), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $543. In November This price remains at $545. In the following two months the average price has hardly changed with regard to the previous two months from $544 to $547. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $545.5 and $528.5 between February and March.

Average price per bedrooms

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 $528 they are 31 % more affordable than the average price for Preston . The properties with the highest average price have 4 bedrooms, Their price is 94 % more expensive than the average. After that we have properties with 3 bedrooms priced at $661.

With regard to the average price per m², those properties with 3 bedrooms are the most affordable ones at a cost of $0.76 / m², with an average $0.92 / m² price in Preston. The properties with the most expensive average prices have 1 bedroom. They are 15 % more expensive than the average followed by properties with 2 bedrooms with a price at $0.95 / m².

Price per property type

With regard to the average price based on the property in Preston we can see that the most affordable type of property is "House" at $474, which is 10 % cheaper than the average price. "House" has the most affordable price. This price is 10 % more affordable than the average price aforementioned.

According to the average area price by m² the most expensive property type is "House with an average cost of $1 / m². "House" at an average price of $1 / m² has the highest price and would be directed at more affluent cities.

Charts data
Average price March
Average price per m² March
Number of properties used in Preston
Number of properties used in region Victoria
$528
$0.92
718
235,692
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value