Property prices for rent in Narrabundah (Australian Capital Territory)
The rent prices in real estate in Narrabundah, in the Australian Capital Territory 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 Narrabundah has risen during the last 6 months. In November, the average price per m² was $0.94. In December this price barely changed remaining at $0.95 per m². In the following two months the price per m² has risen 106 %, going from $0.94 to $1 per m². The price per m² has had a considerable rise of 123 % 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 $0.98 to $1.2 during March, and April.
When referring to the price in Narrabundah (suburbs), this has risen in the last 6 months. In our first sample month during November, the average price is $653. In December This price remains at $646. In the following two months the average price has hardly changed with regard to the previous two months from $649.5 to $677. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 125 % 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 $778 they are 41 % more affordable than the average price for Narrabundah . The properties with the highest average price have 4 bedrooms, Their price is 8 % more expensive than the average. After that we have properties with 3 bedrooms priced at $666.
According to average price per property type in Narrabundah, "" priced at $690 is 11 % lower than the average price ($778) in this city.
