Property prices for rent in Castle Hill (New South Wales)
The rent prices in real estate in Castle Hill, in the New South Wales region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per m² in Castle Hill has barely changed in the last 6 months. In October, the average price per m² was $0.94. In November this price barely changed remaining at $0.94 per m². The price for the following two months in (December, January) fell 91 % with regard to the previous two months. The price per m² has risen 106 % 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 $0.9 to $0.95 during February, and March.
When referring to the price in Castle Hill (suburbs), this has risen in the last 6 months. In our first sample month during October, the average price is $640. In November This price remains at $651. During the following two months (December, January) the price has had an average rise from $645.5 to $702.5. 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 $674 and $675.5 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 $678 they are 17 % more affordable than the average price for Castle Hill . The properties with the lowest average price have 3 bedrooms, Their price is 2 % more affordable than the average. After that we have properties with 4 bedrooms priced at $622.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of $0.55 / m², with an average $0.99 / m² price in Castle Hill. The properties with the most expensive average prices have 1 bedroom. They are 74 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.03 / m².
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $678 it is 16 % more affordable than the average price in Castle Hill. "House" is seen as the second most affordable property type. The most affordable property is "Apartment" followed by "House". At a price of $639 it is 4 % more affordable than the average price.
According to the average cost per m², the most affordable property is "Condo" at an average price of $0.66 / m² followed by "House" priced at $0.69 / m². "Apartment" is the most expensive type of property with a $1.15 / m² value followed by "House" with an average price of $0.69 / m².
