Property prices for rent in Traralgon (Victoria)
The rent prices in real estate in Traralgon, in the Victoria region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per m² in Traralgon has risen strongly during the last 6 months. In October, the average price per m² was $0.57. In the following month the price per m² rose to $0.6. The price for the following two months in (December, January) had a considerable rise of 158 %. The price per m² has had a considerable rise of 274 % 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 $0.75 to $2.07 during February, and March.
When referring to the price in Traralgon (suburbs), this has risen considerably in the last 6 months. In our first sample month during October, the average price is $404. In November This price remains at $413. During the following two months (December, January) the average price had a considerable rise of 148 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 231 % 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 $1,159 they are 79 % more affordable than the average price for Traralgon . The properties with the lowest average price have 4 bedrooms, Their price is 49 % more affordable than the average. After that we have properties with 3 bedrooms priced at $427.
According to average price per property type in Traralgon, "" priced at $510 is 56 % lower than the average price ($1,159) in this city.
