Property prices for rent in Box Hill (New South Wales)
The rent prices in real estate in Box Hill, 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 Box Hill has risen during the last 6 months. In October, the average price per m² was $0.56. In November this price barely changed remaining at $0.55 per m². In the following two months the price per m² has risen 111 %, going from $0.56 to $0.62 per m². The price per m² has risen 108 % 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 $0.59 to $0.63 during February, and March.
When referring to the price in Box Hill (suburbs), this has risen in the last 6 months. In our first sample month during October, the average price is $636. In November This price remains at $627. During the following two months (December, January) the price has had an average rise from $631.5 to $684.5. 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 $658 and $676 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 $662 they are 45 % more affordable than the average price for Box Hill . The properties with the highest average price have 4 bedrooms, Their price is 8 % more expensive than the average. After that we have properties with 3 bedrooms priced at $655.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of $0.63 / m², with an average $0.63 / m² price in Box Hill. The properties with the most expensive average prices have 1 bedroom. They are 79 % more expensive than the average followed by properties with 2 bedrooms with a price at $0.9 / m².
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $662 it is 39 % more affordable than the average price in Box Hill. "House" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "House". At a price of $665 it is 2 % more expensive than the average price.
According to the average cost per m², the most affordable property is "House" at an average price of $0.59 / m² followed by "Condo" priced at $0.75 / m². "Apartment" is the most expensive type of property with a $1.04 / m² value followed by "Condo" with an average price of $0.75 / m².
