The rent prices in real estate in Dee Why, 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 Dee Why has risen strongly during the last 6 months. In October, the average price per m² was $1.59. In the following month the price per m² rose considerably to $11.78. The price for the following two months in (December, January) had a considerable fall of 22 with regard to the previous two months. The price per m² has had a considerable fall of 39 % 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 $4.08 to $1.61 during February, and March.
When referring to the price in Dee Why (suburbs), this has risen in the last 6 months. In our first sample month during October, the average price is $766. In November This price remains at $749. During the following two months (December, January) the price has had an average rise from $757.5 to $795.5. Based on an analysis of the first four prices and the last two months the average price has increased 112 % 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 $885 they are 35 % more affordable than the average price for Dee Why . The properties with the highest average price have 4 bedrooms, Their price is 57 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,195.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of $1.25 / m², with an average $1.59 / m² price in Dee Why. The properties with the most expensive average prices have 1 bedroom. They are 19 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.44 / m².
With regard to the average price based on the property in Dee Why we can see that the most affordable type of property is "Apartment" at $699, which is 21 % cheaper than the average price. "Apartment" has the most affordable price. This price is 21 % 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 $1.6 / m². "Apartment" at an average price of $1.6 / m² has the highest price and would be directed at more affluent cities.