Property prices for rent in New Lambton Heights (New South Wales)
The rent prices in real estate in New Lambton Heights, in the New South Wales region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per m² in New Lambton Heights has barely changed in the last 6 months. In October, the average price per m² was $0.75. In November this price barely changed remaining at $0.75 per m². In the following two months the price per m² has practically remained the same, going from $0.75 to $0.75 per m². The price per m² has risen 112 % 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 $0.75 to $0.83 during February, and March.
When referring to the price in New Lambton Heights (suburbs), this has risen in the last 6 months. In our first sample month during October, the average price is $522. In November This price remains at $523. During the following two months (December, January) the price has had an average rise from $522.5 to $550.5. Based on an analysis of the first four prices and the last two months the average price has increased 107 % 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 $566 they are 43 % more affordable than the average price for New Lambton Heights . The properties with the highest average price have 4 bedrooms, Their price is 28 % more expensive than the average. After that we have properties with 3 bedrooms priced at $666.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of $0.69 / m², with an average $0.84 / m² price in New Lambton Heights. The properties with the most expensive average prices have 2 bedrooms. They are 21 % more expensive than the average followed by properties with 1 bedroom with a price at $1.01 / m².
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $566 it is 28 % more affordable than the average price in New Lambton Heights. "House" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "House". At a price of $623 it is 16 % more expensive than the average price.
According to the average cost per m², the most affordable property is "House" at an average price of $0.78 / m² followed by "Condo" priced at $0.94 / m². "Apartment" is the most expensive type of property with a $0.98 / m² value followed by "Condo" with an average price of $0.94 / m².
