Property prices for rent in Macquarie Park (New South Wales)

The price per m² in Macquarie Park has risen strongly during the last 6 months. In October, the average price per m² was $1.26. In November this price barely changed remaining at $1.27 per m². The price for the following two months in (December, January) had a considerable rise of 145 %. The price per m² has had a considerable rise of 12285 % 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 $1.55 to $190.11 during February, and March.

When referring to the price in Macquarie Park (suburbs), this has risen considerably in the last 6 months. In our first sample month during October, the average price is $591. In November This price remains at $606. During the following two months (December, January) the average price fell 93 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 4130 % 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 $47,727 they are 99 % more affordable than the average price for Macquarie Park . The properties with the lowest average price have 4 bedrooms, Their price is 97 % more affordable than the average. After that we have properties with 3 bedrooms priced at $716.

With regard to the average price per m², those properties with 1 bedroom are the most affordable ones at a cost of $1 / m², with an average $380.22 / m² price in Macquarie Park. The properties with the most affordable average prices have 2 bedrooms. They are 99 % more affordable than the average followed by properties with 1 bedroom with a price at $1 / m².