Property prices for rent in Somerton Park (Victoria)

The rent prices in real estate in Somerton Park, 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.

$635.33
Average price last 6 months
$0.89
Price/m² last 6 months
Average price per m2

The price per m² in Somerton Park has risen during the last 6 months. In November, the average price per m² was $0.8. In the following month the price per m² rose to $0.87. In the following two months the price per m² has risen 108 %, going from $0.83 to $0.9 per m². The price per m² has risen 107 % 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 $0.87 to $0.93 during March, and April.

Average price

When referring to the price in Somerton Park (suburbs), this has fallen in the last 6 months. The rent price in November is $666, rising in December till $756. During the following two months (January, February) the average price had a considerable fall of 84 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 92 %, going from $652.75 to $600.5 in March and April.

Charts data
Average price April
Average price per m² April
Number of properties used in Somerton Park
Number of properties used in region Victoria
$596
$0.94
144
197,436
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value