The rent prices in real estate in Lyneham, in the Australian Capital Territory 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 Lyneham has risen strongly during the last 6 months. In November, the average price per m² was $1.04. In December this price barely changed remaining at $1 per m². The price for the following two months in (January, February) had a considerable rise of 125 %. The price per m² has had a considerable rise of 4490 % 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 $1.15 to $51.53 during March, and April.
When referring to the price in Lyneham (suburbs), this has risen considerably in the last 6 months. In our first sample month during November, the average price is $584. In December This price remains at $593. In the following two months the average price has hardly changed with regard to the previous two months from $588.5 to $584. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 884 % 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 $5,755 they are 92 % more affordable than the average price for Lyneham . The properties with the lowest average price have 4 bedrooms, Their price is 86 % more affordable than the average. After that we have properties with 3 bedrooms priced at $685.
According to average price per property type in Lyneham, "" priced at $528 is 91 % lower than the average price ($5,755) in this city.