Property prices for rent in Crows Nest (New South Wales)
The rent prices in real estate in Crows Nest, in the New South Wales region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per m² in Crows Nest has risen during the last 6 months. In October, the average price per m² was $1.46. In November this price barely changed remaining at $1.52 per m². In the following two months the price per m² has risen 113 %, going from $1.49 to $1.68 per m². The price per m² has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.59 to $1.55 during February y March
When referring to the price in Crows Nest (suburbs), this has risen considerably in the last 6 months. The rent price in October is $619, rising in November till $679. During the following two months (December, January) the average price had a considerable rise of 122 % 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 increased 108 % 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 $792 they are 25 % more affordable than the average price for Crows Nest . The properties with the highest average price have 4 bedrooms, Their price is 116 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,116.
With regard to the average price per m², those properties with 3 bedrooms are the most affordable ones at a cost of $1.27 / m², with an average $1.55 / m² price in Crows Nest. The properties with the most expensive average prices have 1 bedroom. They are 27 % more expensive than the average followed by properties with 4 bedrooms with a price at $1.45 / m².
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $792 it is 9 % more affordable than the average price in Crows Nest. "House" is seen as the second most affordable property type. The most expensive property type is "Office" followed by "House". At a price of $1,462 it is 3267 % more expensive than the average price.
According to the average cost per m², the least affordable property would be "House" at an average price of $1.57 / m² followed by "Apartment" priced at $1.59 / m². "Office" is the most expensive type of property with a $414.12 / m² value followed by "Apartment" with an average price of $1.59 / m².
