Property prices for rent in Artarmon (New South Wales)
The rent prices in real estate in Artarmon, in the New South Wales 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 Artarmon has fallen during the last 6 months. In October, the average price per m² was $1.05. In November this price barely changed remaining at $1.07 per m². The price for the following two months in (December, January) had a considerable fall of 75 with regard to the previous two months. The price per m² has risen 114 % 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 $0.92 to $1.05 during February, and March.
When referring to the price in Artarmon (suburbs), this has fallen in the last 6 months. In our first sample month during October, the average price is $615. In November This price remains at $630. During the following two months (December, January) the average price had a considerable fall of 66 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has increased 112 % 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 $641 they are 25 % more affordable than the average price for Artarmon . Based on the bedrooms values, properties with the most expensive rent prices are those with 3 bedrooms. They are 27 % more expensive than the average aforementioned.
With regard to the average price per m², those properties with 3 bedrooms are the most affordable ones at a cost of $0.9 / m², with an average $1.16 / m² price in Artarmon. Properties with the most expensive price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 278 % more expensive than the average value aforementioned.
