The rent prices in real estate in Merimbula, in the New South Wales 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 Merimbula has risen strongly during the last 6 months. In October, the average price per m² was . In the following month the price per m² rose considerably to $0.5. The price for the following two months in (December, January) had a considerable rise of 382 %. The price per m² has had a considerable rise of 120 % 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 $0.6 to $0.72 during February, and March.
When referring to the price in Merimbula (suburbs), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $346. During November the price went through a considerable rise reaching $463. In the following two months the average price has hardly changed with regard to the previous two months from $404.5 to $389. 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 $396.75 and $399.5 between February and March.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 21 % more affordable than the average price of $334 in Merimbula. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 21 % more affordable than the average aforementioned.
According to average price per property type in Merimbula, "" priced at $334 is 21 % lower than the average price ($422) in this city.