The rent prices in real estate in Oxley Park, 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 Oxley Park has risen strongly during the last 6 months. In November, the average price per m² was $0.61. In the following month the price per m² rose to $0.68. In the following two months the price per m² has risen 109 %, going from $0.64 to $0.7 per m². The price per m² has risen 111 % 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 $0.67 to $0.75 during March, and April.
When referring to the price in Oxley Park (suburbs), this has fallen in the last 6 months. The average price for November is $548. During December the price had a slight fall till $511. In the following two months the average price has hardly changed with regard to the previous two months from $529.5 to $514. 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 $521.75 and $507.5 between March and April.
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 $510 they are 32 % more affordable than the average price for Oxley Park . The properties with the highest average price have 4 bedrooms, Their price is 31 % more expensive than the average. After that we have properties with 3 bedrooms priced at $540.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of $0.6 / m², with an average $0.75 / m² price in Oxley Park. The properties with the most expensive average prices have 1 bedroom. They are 44 % more expensive than the average followed by properties with 2 bedrooms with a price at $0.91 / m².
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $510 it is 6 % more affordable than the average price in Oxley Park. "House" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "House". At a price of $548 it is 9 % more expensive than the average price.
According to the average cost per m², the most affordable property is "Condo" at an average price of $0.61 / m² followed by "House" priced at $0.7 / m². "Apartment" is the most expensive type of property with a $0.9 / m² value followed by "House" with an average price of $0.7 / m².