The rent prices in real estate in Kingswood, in the New South Wales region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per m² in Kingswood has fallen during the last 6 months. In October, the average price per m² was $0.72. In November this price barely changed remaining at $0.72 per m². The price for the following two months in (December, January) fell 85 % with regard to the previous two months. The price per m² has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $0.67 to $0.64 during February y March
When referring to the price in Kingswood (suburbs), this has risen in the last 6 months. In our first sample month during October, the average price is $445. In November This price remains at $462. In the following two months the average price has hardly changed with regard to the previous two months from $453.5 to $461. 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 $457.25 and $479 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 $485 they are 42 % more affordable than the average price for Kingswood . The properties with the highest average price have 4 bedrooms, Their price is 27 % more expensive than the average. After that we have properties with 3 bedrooms priced at $484.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of $0.56 / m², with an average $0.64 / m² price in Kingswood. The properties with the most expensive average prices have 1 bedroom. They are 38 % more expensive than the average followed by properties with 2 bedrooms with a price at $0.76 / m².
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $485 it is 31 % more affordable than the average price in Kingswood. "House" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "House". At a price of $504 it is 10 % more expensive than the average price.
According to the average cost per m², the most affordable property is "House" at an average price of $0.61 / m² followed by "Condo" priced at $0.65 / m². "Apartment" is the most expensive type of property with a $0.74 / m² value followed by "Condo" with an average price of $0.65 / m².