The rent prices in real estate in Forestville, 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 Forestville has risen strongly during the last 6 months. In November, the average price per m² was . In the following month the price per m² rose considerably to $1.17. The price for the following two months in (January, February) had a considerable rise of 213 %. The price per m² has had a considerable rise of 144 % 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 $0.91 to $1.32 during March, and April.
When referring to the price in Forestville (suburbs), this has risen considerably in the last 6 months. The average price during our first sample month during November, is . During December the price went through a considerable rise reaching $1,280. During the following two months (January, February) the average price had a considerable rise of 172 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 88 %, going from $871.5 to $765 in March and April.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 13 % more affordable than the average price of $562 in Forestville. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 13 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 46 % more expensive than the average price of ($1.97 / m²) in Forestville. Properties with the most expensive price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 46 % more expensive than the average value aforementioned.