The rent prices in real estate in Caringbah, in the New South Wales region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per m² in Caringbah has risen strongly during the last 6 months. In October, the average price per m² was $1.16. In November this price barely changed remaining at $1.16 per m². The price for the following two months in (December, January) had a considerable fall of 54 with regard to the previous two months. The price per m² has had a considerable rise of 21705 % 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 $0.89 to $193.71 during February, and March.
When referring to the price in Caringbah (suburbs), this has risen considerably in the last 6 months. In our first sample month during October, the average price is $785. In November This price remains at $785. During the following two months (December, January) the average price had a considerable fall of 37 % 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 2621 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 99 % more affordable than the average price of $409 in Caringbah. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 99 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 100 % more affordable than the average price of ($1 / m²) in Caringbah. Properties with the most affordable price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 100 % more affordable than the average value aforementioned.