The rent prices in real estate in Adelaide, in the South Australia 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 Adelaide has risen strongly during the last 6 months. In August, the average price per m² was $1.23. In the following month the price per m² fell considerably to . The price for the following two months in (October, November) had a considerable rise of 2319 %. The price per m² has had a considerable fall of 39 % 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 $7.44 to $2.9 during December, and January.
When referring to the price in Adelaide (suburbs), this has risen considerably in the last 6 months. The average price for August is $438. During September the price had a slight fall till $406. During the following two months (October, November) the average price had a considerable rise of 616 % 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 $1,511.75 to $481, which means a 32 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $491 they are 35 % more affordable than the average price for Adelaide . Based on the bedrooms values, properties with the most affordable rent prices are those with 4 bedrooms. They are 5 % more affordable than the average aforementioned.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of $0.84 / m², with an average $2.8 / m² price in Adelaide. Properties with the most affordable price when referring to the number of bedrooms / m² are those with 3 bedrooms. They are 64 % more affordable than the average value aforementioned.
With regard to the average price based upon the property in Adelaide we can see that the most affordable property type is "House" at a price of $423, they are 14 % cheaper than the average price of (!PRECIO2!). "House" has the most affordable price. This price is 14 % more affordable 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 $0.95 / m². "House" with an average price of $0.95 / m² has the most affordable price and would be directed at less affluent cities.