The rent prices in real estate in Mascot, in the New South Wales region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per m² in Mascot has risen during the last 6 months. In September, the average price per m² was $1.49. In October this price barely changed remaining at $1.52 per m². In the following two months the price per m² has risen 113 %, going from $1.5 to $1.7 per m². The price per m² has risen 110 % 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 $1.6 to $1.76 during January, and February.
When referring to the price in Mascot (suburbs), this has risen in the last 6 months. In our first sample month during September, the average price is $845. In October This price remains at $860. During the following two months (November, December) the price has had an average rise from $852.5 to $909.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $881 and $904.5 between January and February.
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 $920 they are 21 % more affordable than the average price for Mascot . The properties with the highest average price have 3 bedrooms, Their price is 19 % more expensive than the average. After that we have properties with 2 bedrooms priced at $926.
With regard to the average price per m², those properties with 3 bedrooms are the most affordable ones at a cost of $1.27 / m², with an average $1.71 / m² price in Mascot. The properties with the most expensive average prices have 1 bedroom. They are 38 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.65 / m².