Property prices for rent in Cromer (New South Wales)
The rent prices in real estate in Cromer, 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 Cromer has risen strongly during the last 6 months. In November, the average price per m² was $1.29. In the following month the price per m² fell to $1.15. The price for the following two months in (January, February) had a considerable rise of 3427 %. The price per m² has had a considerable rise of 525 % 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 $21.52 to $112.92 during March, and April.
When referring to the price in Cromer (suburbs), this has risen considerably in the last 6 months. The average price during our first sample month during November, is $765. During December the price went through a considerable rise reaching $1,030. During the following two months (January, February) the average price had a considerable rise of 891 % 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 305 % 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 94 % more affordable than the average price of $515 in Cromer. Based on the bedrooms values, properties with the most affordable rent prices are those with 2 bedrooms. They are 92 % more affordable than the average aforementioned.
