Property prices for rent in Lidcombe (New South Wales)
The rent prices in real estate in Lidcombe, 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 Lidcombe has had a strong fall during the last 6 months. In October, the average price per m² was $0.88. In November this price barely changed remaining at $0.92 per m². The price for the following two months in (December, January) had a considerable rise of 126 %. The price per m² has had a considerable fall of 0 % 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 $1.02 to during February, and March.
When referring to the price in Lidcombe (suburbs), this has fallen in the last 6 months. The rent price in October is $500, rising in November till $529. During the following two months (December, January) the average price had a considerable rise of 124 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $577.25 to $245.5, which means a 43 % fall.
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 $491 they are 11 % more affordable than the average price for Lidcombe . Based on the bedrooms values, properties with the most expensive rent prices are those with 3 bedrooms. They are 10 % more expensive than the average aforementioned.
