Property prices for rent in Canterbury (New South Wales)
The rent prices in real estate in Canterbury, 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 Canterbury has risen during the last 6 months. In November, the average price per m² was $1.13. In December this price barely changed remaining at $1.09 per m². In the following two months the price per m² has risen 106 %, going from $1.11 to $1.17 per m². The price per m² has risen 112 % 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 $1.14 to $1.28 during March, and April.
When referring to the price in Canterbury (suburbs), this has fallen in the last 6 months. The average price for November is $674. During December the price had a slight fall till $592. In the following two months the average price has hardly changed with regard to the previous two months from $633 to $628.5. Based on an analysis of the first four prices and the last two months the average price has increased 107 % 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 $678 they are 24 % more affordable than the average price for Canterbury . Based on the bedrooms values, properties with the most expensive rent prices are those with 3 bedrooms. They are 21 % 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 $0.97 / m², with an average $1.28 / m² price in Canterbury. Properties with the most expensive price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 25 % more expensive than the average value aforementioned.
