The rent prices in real estate in Collaroy, 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 Collaroy has had a strong fall during the last 6 months. In October, the average price per m² was $4.42. In the following month the price per m² fell considerably to . The price for the following two months in (December, January) had a considerable fall of 64 with regard to the previous two months. The price per m² has had a considerable fall of 83 % 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 $1.81 to $1.5 during February, and March.
When referring to the price in Collaroy (suburbs), this has fallen in the last 6 months. The average price for October is $907. During November the price had a considerable fall till . During the following two months (December, January) the average price had a considerable rise of 244 % 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 122 % 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 $979 they are 45 % more affordable than the average price for Collaroy . The properties with the highest average price have 4 bedrooms, Their price is 87 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,371.
With regard to the average price per m², those properties with 1 bedroom are the most affordable ones at a cost of $1.49 / m², with an average $1.54 / m² price in Collaroy. The properties with the most expensive average prices have 3 bedrooms. They are 6 % more expensive than the average followed by properties with 4 bedrooms with a price at $1.6 / m².
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $979 it is 22 % more affordable than the average price in Collaroy. "House" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $763 it is 48 % more expensive than the average price.
According to the average cost per m², the most affordable property is "House" at an average price of $1.52 / m² followed by "Apartment" priced at $1.55 / m². "Apartment" is the most expensive type of property with a $1.55 / m² value followed by "House" with an average price of $1.52 / m².