Property prices for rent in Torquay (Victoria)
The rent prices in real estate in Torquay, 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 Torquay has barely changed in the last 6 months. In October, the average price per m² was $0.7. In November this price barely changed remaining at $0.7 per m². In the following two months the price per m² has practically remained the same, going from $0.7 to $0.71 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 $0.7 to $0.74 during February y March
When referring to the price in Torquay (suburbs), this has risen in the last 6 months. In our first sample month during October, the average price is $617. In November This price remains at $613. During the following two months (December, January) the price has had an average rise from $615 to $671. Based on an analysis of the first four prices and the last two months the average price has increased 108 % during the last two months.
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 $694 they are 53 % more affordable than the average price for Torquay . The properties with the highest average price have 4 bedrooms, Their price is 9 % more expensive than the average. After that we have properties with 3 bedrooms priced at $679.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of $0.66 / m², with an average $0.76 / m² price in Torquay. The properties with the most expensive average prices have 1 bedroom. They are 54 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.05 / m².
With regard to the average price based on the property in Torquay we can see that the least affordable type of property is "House" at $701, which is 1 % more expensive than the average price. "House" has the most expensive price. This price is 1 % more expensive than the average price aforementioned.
According to the average area price by m² the most affordable property type is "House with an average cost of $0.72 / m². "House" with an average price of $0.72 / m² has the most affordable price and would be directed at less affluent cities.
