Property prices for rent in Burradoo (New South Wales)
The rent prices in real estate in Burradoo, in the New South Wales region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per m² in Burradoo has had a strong fall during the last 6 months. In November, the average price per m² was $1.2. In the following month the price per m² fell considerably to $1.02. The price for the following two months in (January, February) fell 87 % with regard to the previous two months. The price per m² has fallen 89 % 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 $1.04 to $0.92 during March, and April.
When referring to the price in Burradoo (suburbs), this has risen considerably in the last 6 months. The rent price in November is $550, rising in December till $621. During the following two months (January, February) the average price had a considerable rise of 117 % 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 had a strong increase of 129 % during the last two months.
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 $868 they are 60 % more affordable than the average price for Burradoo . The properties with the highest average price have 4 bedrooms, Their price is 23 % more expensive than the average. After that we have properties with 3 bedrooms priced at $815.
With regard to the average price per m², those properties with 2 bedrooms are the most affordable ones at a cost of $0.76 / m², with an average $0.92 / m² price in Burradoo. The properties with the most expensive average prices have 1 bedroom. They are 92 % more expensive than the average followed by properties with 3 bedrooms with a price at $0.95 / m².
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $868 it is 35 % more affordable than the average price in Burradoo. "House" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "House". At a price of $915 it is 8 % more expensive than the average price.
According to the average cost per m², the most affordable property is "House" at an average price of $0.89 / m² followed by "Condo" priced at $1.01 / m². "Condo" is the most expensive type of property with a $1.01 / m² value followed by "House" with an average price of $0.89 / m².
