The rent prices in real estate in Warrnambool, in the Victoria region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per m² in Warrnambool has fallen during the last 6 months. In September, the average price per m² was $0.68. In October this price barely changed remaining at $0.67 per m². In the following two months the price per m² has practically remained the same, going from $0.68 to $0.68 per m². The price per m² has had a considerable fall of 66 % 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 $0.68 to $0.45 during January, and February.
When referring to the price in Warrnambool (suburbs), this has risen considerably in the last 6 months. In our first sample month during September, the average price is $463. In October This price remains at $459. In the following two months the average price has hardly changed with regard to the previous two months from $461 to $449. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 279 % 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 $474 they are 69 % more affordable than the average price for Warrnambool . The properties with the highest average price have 4 bedrooms, Their price is 23 % more expensive than the average. After that we have properties with 3 bedrooms priced at $502.
According to average price per property type in Warrnambool, "" priced at $487 is 3 % more expensive than the average price ($474) in this city.