The rent prices in real estate in Darlington Point, 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 Darlington Point has risen strongly during the last 6 months. In October, the average price per m² was $1.53. In November this price barely changed remaining at $1.53 per m². The price for the following two months in (December, January) had a considerable rise of 128 %. The price per m² has risen 109 % 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 $1.75 to $1.89 during February, and March.
When referring to the price in Darlington Point (suburbs), this has risen considerably in the last 6 months. The rent price in October is $601, rising in November till $651. During the following two months (December, January) the average price had a considerable rise of 139 % 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 107 % 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 $809 they are 15 % more affordable than the average price for Darlington Point . The properties with the highest average price have 4 bedrooms, Their price is 92 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,353.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of $1.33 / m², with an average $1.95 / m² price in Darlington Point. The properties with the most expensive average prices have 1 bedroom. They are 12 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.7 / m².
With regard to the average price based on the property in Darlington Point we can see that the most affordable type of property is "Apartment" at $756, which is 7 % cheaper than the average price. "Apartment" has the most affordable price. This price is 7 % more affordable than the average price aforementioned.
According to the average area price by m² the most expensive property type is "Apartment with an average cost of $2.04 / m². "Apartment" at an average price of $2.04 / m² has the highest price and would be directed at more affluent cities.