The rent prices in real estate in Huntingwood, 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 Huntingwood has risen strongly during the last 6 months. In November, the average price per m² was $0.64. In the following month the price per m² rose to $0.73. In the following two months the price per m² has risen 107 %, going from $0.69 to $0.74 per m². The price per m² has risen 114 % 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 $0.71 to $0.81 during March, and April.
When referring to the price in Huntingwood (suburbs), this has fallen in the last 6 months. In our first sample month during November, the average price is $580. In December This price remains at $560. In the following two months the average price has hardly changed with regard to the previous two months from $570 to $547. 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 $558.5 and $541.5 between March and April.
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 $535 they are 21 % more affordable than the average price for Huntingwood . The properties with the highest average price have 4 bedrooms, Their price is 36 % more expensive than the average. After that we have properties with 3 bedrooms priced at $563.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of $0.66 / m², with an average $0.83 / m² price in Huntingwood. The properties with the most expensive average prices have 1 bedroom. They are 57 % more expensive than the average followed by properties with 2 bedrooms with a price at $0.98 / m².
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $535 it is 18 % more affordable than the average price in Huntingwood. "Apartment" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $505 it is 5 % more expensive than the average price.
According to the average cost per m², the most affordable property is "Condo" at an average price of $0.53 / m² followed by "House" priced at $0.78 / m². "Apartment" is the most expensive type of property with a $0.98 / m² value followed by "House" with an average price of $0.78 / m².