Property prices for rent in Neutral Bay (New South Wales)

The price per m² in Neutral Bay has risen during the last 6 months. In October, the average price per m² was $1.43. In November this price barely changed remaining at $1.43 per m². In the following two months the price per m² has risen 113 %, going from $1.43 to $1.62 per m². The price per m² has risen 109 % 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 $1.52 to $1.66 during February, and March.

When referring to the price in Neutral Bay (suburbs), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $764. In November This price remains at $761. In the following two months the average price has hardly changed with regard to the previous two months from $762.5 to $750. 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 $756.25 and $785.5 between February and March.

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 $789 they are 22 % more affordable than the average price for Neutral Bay . Based on the bedrooms values, properties with the most expensive rent prices are those with 3 bedrooms. They are 42 % more expensive than the average aforementioned.

With regard to the average price per m², those properties with 3 bedrooms are the most affordable ones at a cost of $1.3 / m², with an average $1.65 / m² price in Neutral Bay. Properties with the most expensive price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 22 % more expensive than the average value aforementioned.