Property prices for rent in Reservoir (Victoria)

The price per m² in Reservoir has barely changed in the last 6 months. In October, the average price per m² was $0.78. In November this price barely changed remaining at $0.79 per m². In the following two months the price per m² has practically remained the same, going from $0.79 to $0.8 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 $0.79 to $0.82 during February y March

When referring to the price in Reservoir (suburbs), this has risen in the last 6 months. The rent price in October is $418, rising in November till $475. During the following two months (December, January) the price has had an average rise from $446.5 to $486.5. 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 $466.5 and $477 between February and March.

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 $476 they are 25 % more affordable than the average price for Reservoir . The properties with the highest average price have 4 bedrooms, Their price is 78 % more expensive than the average. After that we have properties with 3 bedrooms priced at $539.

With regard to the average price per m², those properties with 3 bedrooms are the most affordable ones at a cost of $0.67 / m², with an average $0.84 / m² price in Reservoir. The properties with the most expensive average prices have 1 bedroom. They are 31 % more expensive than the average followed by properties with 2 bedrooms with a price at $0.9 / m².

According to average price per property type in Reservoir, "" priced at $546 is 15 % more expensive than the average price ($476) in this city.