The rent prices in real estate in Lakemba, in the New South Wales region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per m² in Lakemba has barely changed in the last 6 months. In October, the average price per m² was $0.97. In November this price barely changed remaining at $0.94 per m². In the following two months the price per m² has practically remained the same, going from $0.95 to $0.95 per m². The price per m² has risen 106 % 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 $0.95 to $1.01 during February, and March.
When referring to the price in Lakemba (suburbs), this has fallen in the last 6 months. In our first sample month during October, the average price is $500. In November This price remains at $485. In the following two months the average price has hardly changed with regard to the previous two months from $492.5 to $482.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 94 %, going from $487.5 to $456.5 in February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $448 they are 5 % more affordable than the average price for Lakemba . Based on the bedrooms values, properties with the most expensive rent prices are those with 3 bedrooms. They are 67 % more expensive than the average aforementioned.
With regard to the average price per m², those properties with 2 bedrooms are the most affordable ones at a cost of $0.92 / m², with an average $1.04 / m² price in Lakemba. Properties with the most expensive price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 42 % more expensive than the average value aforementioned.