Property prices for rent in Dubbo (New South Wales)
The rent prices in real estate in Dubbo, 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 Dubbo has risen strongly during the last 6 months. In October, the average price per m² was $0.62. In November this price barely changed remaining at $0.6 per m². In the following two months the price per m² has risen 111 %, going from $0.61 to $0.68 per m². The price per m² has had a considerable rise of 307 % 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 $0.64 to $1.98 during February, and March.
When referring to the price in Dubbo (suburbs), this has risen in the last 6 months. In our first sample month during October, the average price is $480. In November This price remains at $481. In the following two months the average price has hardly changed with regard to the previous two months from $480.5 to $494. Based on an analysis of the first four prices and the last two months the average price has increased 109 % 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 $544 they are 61 % more affordable than the average price for Dubbo . The properties with the highest average price have 4 bedrooms, Their price is 1 % more expensive than the average. After that we have properties with 3 bedrooms priced at $444.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $544 it is 8 % more affordable than the average price in Dubbo. "Acreage" is seen as the second most affordable property type. The most expensive property type is "Acreage" followed by "". At a price of $501 it is 1574 % more expensive than the average price.
According to the average area price by m² the most expensive property type is "Acreage with an average cost of $2 / m². "Acreage" at an average price of $2 / m² has the highest price and would be directed at more affluent cities.
