Property prices for rent in Harrington (New South Wales)
The rent prices in real estate in Harrington, in the New South Wales region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per m² in Harrington has had a strong fall during the last 6 months. In October, the average price per m² was $0.81. In November this price barely changed remaining at $0.81 per m². The price for the following two months in (December, January) had a considerable fall of 54 with regard to the previous two months. The price per m² has had a considerable fall of 0 % 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 $0.62 to during February, and March.
When referring to the price in Harrington (suburbs), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $404. In November This price remains at $404. In the following two months the average price has hardly changed with regard to the previous two months from $404 to $402. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $403 and $411.5 between February and March.
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 $402 they are 24 % more affordable than the average price for Harrington . Based on the bedrooms values, properties with the most expensive rent prices are those with 3 bedrooms. They are 10 % more expensive than the average aforementioned.
