The rent prices in real estate in Clare, in the New South Wales region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per m² in Clare has fallen during the last 6 months. In September, the average price per m² was $0.74. In October this price barely changed remaining at $0.74 per m². The price for the following two months in (November, December) fell 89 % with regard to the previous two months. The price per m² has had a considerable fall of 82 % 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 $0.7 to $0.57 during January, and February.
When referring to the price in Clare (suburbs), this has fallen in the last 6 months. In our first sample month during September, the average price is $520. In October This price remains at $520. During the following two months (November, December) the average price fell 88 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $490 to $402.5, which means a 82 % fall.
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 $411 they are 39 % more affordable than the average price for Clare . The properties with the highest average price have 4 bedrooms, Their price is 36 % more expensive than the average. After that we have properties with 3 bedrooms priced at $430.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of $0.5 / m², with an average $0.57 / m² price in Clare. The properties with the most expensive average prices have 1 bedroom. They are 21 % more expensive than the average followed by properties with 2 bedrooms with a price at $0.68 / m².
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $411 it is 29 % more affordable than the average price in Clare. "Apartment" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $321 it is 5 % more expensive than the average price.
According to the average cost per m², the most affordable property is "House" at an average price of $0.56 / m² followed by "Condo" priced at $0.58 / m². "Apartment" is the most expensive type of property with a $0.76 / m² value followed by "Condo" with an average price of $0.58 / m².