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 September, the average price per m² was . In the following month the price per m² rose considerably to $22.51. The price for the following two months in (November, December) had a considerable fall of 40 with regard to the previous two months. The price per m² has had a considerable fall of 43 % 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 $7.88 to $3.36 during January, and February.
When referring to the price in Adelaide (suburbs), this has risen considerably in the last 6 months. The average price during our first sample month during September, is $406. During October the price went through a considerable rise reaching $4,205. During the following two months (November, December) the average price had a considerable fall of 32 % 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 $1,520 to $818, which means a 54 % 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 $1,145 they are 71 % 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 59 % 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 $0.77 / m², with an average $3.91 / m² price in Adelaide. Properties with the most affordable price when referring to the number of bedrooms / m² are those with 2 bedrooms. They are 19 % 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 $417, they are 64 % cheaper than the average price of (!PRECIO2!). "House" has the most affordable price. This price is 64 % 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 $0.91 / m². "House" with an average price of $0.91 / m² has the most affordable price and would be directed at less affluent cities.