The rent prices in real estate in Shepparton, 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.
The price per m² in Shepparton has barely changed in the last 6 months. In September, the average price per m² was $1.38. In the following month the price per m² rose to $1.48. The price for the following two months in (November, December) had a considerable rise of 116 %. The price per m² has had a considerable fall of 72 % 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 $1.54 to $1.11 during January, and February.
When referring to the price in Shepparton (suburbs), this has fallen considerably in the last 6 months. The rent price in September is $5,975, rising in October till $6,339. During the following two months (November, December) the price has had an average rise from $6,157 to $6,778.5. During the last two months the average price has fallen greatly compared to the previous four going from $6,467.75 to $2,213.5, which means a 34 % fall.
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 $916 they are 73 % more affordable than the average price for Shepparton . The properties with the lowest average price have 4 bedrooms, Their price is 44 % more affordable than the average. After that we have properties with 3 bedrooms priced at $434.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of $0.47 / m², with an average $0.83 / m² price in Shepparton. The properties with the most expensive average prices have 1 bedroom. They are 5 % more expensive than the average followed by properties with 2 bedrooms with a price at $0.71 / m².
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $916 it is 67 % more affordable than the average price in Shepparton. "House" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $301 it is 135 % more expensive than the average price.
According to the average cost per m², the most affordable property is "Apartment" at an average price of $0.75 / m² followed by "House" priced at $0.92 / m². "House" is the most expensive type of property with a $0.92 / m² value followed by "Apartment" with an average price of $0.75 / m².