The rent prices in real estate in Auburn, in the New South Wales region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per m² in Auburn has risen during the last 6 months. In October, the average price per m² was $1.02. In November this price barely changed remaining at $1.07 per m². In the following two months the price per m² has risen 108 %, going from $1.04 to $1.12 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 $1.09 to $1.07 during February y March
When referring to the price in Auburn (suburbs), this has risen in the last 6 months. In our first sample month during October, the average price is $591. In November This price remains at $606. During the following two months (December, January) the price has had an average rise from $598.5 to $675. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $636.75 and $625.5 between February and March.
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 $624 they are 41 % more affordable than the average price for Auburn . The properties with the highest average price have 4 bedrooms, Their price is 19 % more expensive than the average. After that we have properties with 3 bedrooms priced at $730.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of $0.67 / m², with an average $1.03 / m² price in Auburn. The properties with the most expensive average prices have 1 bedroom. They are 14 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.15 / m².
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $624 it is 10 % more affordable than the average price in Auburn. "House" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $560 it is 13 % more expensive than the average price.
According to the average cost per m², the most affordable property is "House" at an average price of $0.92 / m² followed by "Apartment" priced at $1.08 / m². "Apartment" is the most expensive type of property with a $1.08 / m² value followed by "House" with an average price of $0.92 / m².