Property prices for rent in Pennant Hills (New South Wales)

The price per m² in Pennant Hills has had a strong fall during the last 6 months. In October, the average price per m² was $0.72. In November this price barely changed remaining at $0.71 per m². The price for the following two months in (December, January) had a considerable fall of 57 with regard to the previous two months. The price per m² has had a considerable fall of 0 % 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 $0.56 to during February, and March.

When referring to the price in Pennant Hills (suburbs), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $507. In November This price remains at $520. During the following two months (December, January) the average price had a considerable fall of 60 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $411.75 to $253, which means a 61 % fall.

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 $506 they are 5 % more affordable than the average price for Pennant Hills . The properties with the highest average price have 3 bedrooms, Their price is 58 % more expensive than the average. After that we have properties with 4 bedrooms priced at $670.

According to average price per property type in Pennant Hills, "" priced at $569 is 12 % more expensive than the average price ($506) in this city.