The rent prices in real estate in Cooma, 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 Cooma has risen strongly during the last 6 months. In October, the average price per m² was . In the following month the price per m² rose considerably to $1.47. The price for the following two months in (December, January) had a considerable fall of 76 with regard to the previous two months. The price per m² has fallen 91 % 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 $0.65 to $0.59 during February, and March.
When referring to the price in Cooma (suburbs), this has risen considerably in the last 6 months. The average price during our first sample month during October, is . During November the price went through a considerable rise reaching $645. During the following two months (December, January) the average price had a considerable rise of 160 % with regard to the previous two months. 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 $419.5 and $428.5 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 $398 they are 24 % more affordable than the average price for Cooma . Based on the bedrooms values, properties with the most expensive rent prices are those with 3 bedrooms. They are 23 % 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 $0.6 / m², with an average $0.61 / m² price in Cooma. Properties with the most expensive price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 38 % more expensive than the average value aforementioned.