Property prices for rent in Truganina (Victoria)
The rent prices in real estate in Truganina, in the Victoria region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per m² in Truganina has had a strong fall during the last 6 months. In March, the average price per m² was $0.5. In April this price barely changed remaining at $0.5 per m². The price for the following two months in (May, June) had a considerable fall of 70 with regard to the previous two months. The price per m² has had a considerable fall of 29 % 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 $0.43 to $0.12 during July, and August.
When referring to the price in Truganina (suburbs), this has fallen considerably in the last 6 months. In our first sample month during March, the average price is $507. In April This price remains at $496. During the following two months (May, June) the average price had a considerable fall of 73 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $433.5 to $132.5, which means a 31 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $137 they are 4 % more affordable than the average price for Truganina . The properties with the highest average price have 1 bedroom, Their price is 26 % more expensive than the average. After that we have properties with 2 bedrooms priced at $169.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of $0.12 / m², with an average $0.13 / m² price in Truganina. The properties with the most expensive average prices have 1 bedroom. They are 323 % more expensive than the average followed by properties with 2 bedrooms with a price at $0.34 / m².
With regard to the average price based on the property in Truganina we can see that the least affordable type of property is "House" at $141, which is 3 % more expensive than the average price. "House" has the most expensive price. This price is 3 % 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 $0.13 / m². "House" with an average price of $0.13 / m² has the most affordable price and would be directed at less affluent cities.
