The rent prices in real estate in Long Point, 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 Long Point has barely changed in the last 6 months. In October, the average price per m² was $0.72. In November this price barely changed remaining at $0.72 per m². The price for the following two months in (December, January) fell 90 % with regard to the previous two months. The price per m² has risen 107 % 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 $0.68 to $0.73 during February, and March.
When referring to the price in Long Point (suburbs), this has risen in the last 6 months. In our first sample month during October, the average price is $454. In November This price remains at $454. During the following two months (December, January) the price has had an average rise from $454 to $512.5. Based on an analysis of the first four prices and the last two months the average price has increased 105 % during the last two months.
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 $495 they are 35 % more affordable than the average price for Long Point . Based on the bedrooms values, properties with the most expensive rent prices are those with 3 bedrooms. They are 12 % 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 $0.69 / m², with an average $0.79 / m² price in Long Point. Properties with the most expensive price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 52 % more expensive than the average value aforementioned.