Property prices for rent in Wheelers Hill (Victoria)

The rent prices in real estate in Wheelers Hill, 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.

$667
Average price last 6 months
$0.78
Price/m² last 6 months
Average price per m2

The price per m² in Wheelers Hill has barely changed in the last 6 months. In October, the average price per m² was $0.75. In November this price barely changed remaining at $0.73 per m². In the following two months the price per m² has risen 109 %, going from $0.74 to $0.81 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 $0.77 to $0.79 during February y March

Average price

When referring to the price in Wheelers Hill (suburbs), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $651. In November This price remains at $651. In the following two months the average price has hardly changed with regard to the previous two months from $651 to $653.5. Based on an analysis of the first four prices and the last two months the average price has increased 107 % during the last two months.

Average price per bedrooms

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 $723 they are 42 % more affordable than the average price for Wheelers Hill . 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 $623.

With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of $0.7 / m², with an average $0.78 / m² price in Wheelers Hill. The properties with the most expensive average prices have 1 bedroom. They are 91 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.05 / m².

Price per property type

The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $723 it is 18 % more affordable than the average price in Wheelers Hill. "House" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $594 it is 4 % more expensive than the average price.

According to the average cost per m², the most affordable property is "House" at an average price of $0.74 / m² followed by "Apartment" priced at $1.03 / m². "Apartment" is the most expensive type of property with a $1.03 / m² value followed by "House" with an average price of $0.74 / m².

Charts data
Average price March
Average price per m² March
Number of properties used in Wheelers Hill
Number of properties used in region Victoria
$723
$0.78
952
235,692
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value