The rent prices in real estate in Knockrow, 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 Knockrow has risen strongly during the last 6 months. In November, the average price per m² was $0.6. In the following month the price per m² rose considerably to $1.08. The price for the following two months in (January, February) had a considerable rise of 152 %. The price per m² has had a considerable rise of 124 % 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 $1.06 to $1.32 during March, and April.
When referring to the price in Knockrow (suburbs), this has risen considerably in the last 6 months. The rent price in November is $655, rising in December till $692. During the following two months (January, February) the average price had a considerable rise of 118 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 123 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 42 % more affordable than the average price of $507 in Knockrow. Based on the bedrooms values, properties with the most affordable rent prices are those with 2 bedrooms. They are 20 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 2 bedrooms are 9 % more expensive than the average price of ($1.45 / m²) in Knockrow. Properties with the most expensive price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 29 % more expensive than the average value aforementioned.