The rent prices in real estate in Kirribilli, 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 Kirribilli has risen strongly during the last 6 months. In October, the average price per m² was $1.46. In November this price barely changed remaining at $1.48 per m². The price for the following two months in (December, January) had a considerable rise of 129 %. The price per m² has had a considerable rise of 116 % 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 $1.68 to $1.96 during February, and March.
When referring to the price in Kirribilli (suburbs), this has risen considerably in the last 6 months. In our first sample month during October, the average price is $727. In November This price remains at $751. During the following two months (December, January) the average price had a considerable rise of 120 % with regard to the previous two months. 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 $813 and $848 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 $831 they are 23 % more affordable than the average price for Kirribilli . Based on the bedrooms values, properties with the most expensive rent prices are those with 3 bedrooms. They are 74 % more expensive than the average aforementioned.
With regard to the average price per m², those properties with 3 bedrooms are the most affordable ones at a cost of $1.59 / m², with an average $1.91 / m² price in Kirribilli. Properties with the most expensive price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 9 % more expensive than the average value aforementioned.