Property prices for rent in Fairlight (New South Wales)
The rent prices in real estate in Fairlight, 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 Fairlight has risen during the last 6 months. In November, the average price per m² was $1.57. In the following month the price per m² fell to $1.42. The price for the following two months in (January, February) had a considerable rise of 121 %. 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 $1.65 to $1.8 during March, and April.
When referring to the price in Fairlight (suburbs), this has risen in the last 6 months. The average price for November is $975. During December the price had a considerable fall till $783. During the following two months (January, February) the price has had an average rise from $879 to $1,003.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 127 % 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 $1,201 they are 45 % more affordable than the average price for Fairlight . The properties with the highest average price have 4 bedrooms, Their price is 48 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,454.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of $1.53 / m², with an average $1.72 / m² price in Fairlight. The properties with the most expensive average prices have 1 bedroom. They are 28 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.18 / m².
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,201 it is 6 % more affordable than the average price in Fairlight. "House" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $1,124 it is 14 % more expensive than the average price.
According to the average cost per m², the most affordable property is "House" at an average price of $1.25 / m² followed by "Apartment" priced at $1.85 / m². "Apartment" is the most expensive type of property with a $1.85 / m² value followed by "House" with an average price of $1.25 / m².
