Property prices for rent in Leichhardt (New South Wales)
The rent prices in real estate in Leichhardt, in the New South Wales region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per m² in Leichhardt has had a strong fall during the last 6 months. In October, the average price per m² was $3.85. In the following month the price per m² fell considerably to $2.28. The price for the following two months in (December, January) had a considerable fall of 46 with regard to the previous two months. The price per m² has had a considerable fall of 60 % 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 $2.24 to $1.34 during February, and March.
When referring to the price in Leichhardt (suburbs), this has fallen in the last 6 months. The average price for October is $928. During November the price had a slight fall till $825. During the following two months (December, January) the average price fell 89 % with regard to the previous two months. 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 $829.5 to $783 in 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 $773 they are 39 % more affordable than the average price for Leichhardt . The properties with the highest average price have 3 bedrooms, Their price is 46 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,036.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of $1.23 / m², with an average $1.31 / m² price in Leichhardt. The properties with the most expensive average prices have 1 bedroom. They are 24 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.34 / m².
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $773 it is 25 % more affordable than the average price in Leichhardt. "House" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $582 it is 25 % more expensive than the average price.
According to the average cost per m², the most affordable property is "Apartment" at an average price of $1.19 / m² followed by "House" priced at $1.35 / m². "House" is the most expensive type of property with a $1.35 / m² value followed by "Apartment" with an average price of $1.19 / m².
