The rent prices in real estate in Point Clare, 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 Point Clare has risen strongly during the last 6 months. In November, the average price per m² was $0.72. In the following month the price per m² rose considerably to $1.46. The price for the following two months in (January, February) had a considerable rise of 196 %. The price per m² has had a considerable rise of 145 % 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 $1.62 to $2.34 during March, and April.
When referring to the price in Point Clare (suburbs), this has risen considerably in the last 6 months. The average price during our first sample month during November, is $554. During December the price went through a considerable rise reaching $991. During the following two months (January, February) the average price had a considerable rise of 175 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has increased 112 % 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 $1,141 they are 40 % more affordable than the average price for Point Clare . Based on the bedrooms values, properties with the most expensive rent prices are those with 3 bedrooms. They are 113 % more expensive than the average aforementioned.
With regard to the average price per m², those properties with 2 bedrooms are the most affordable ones at a cost of $2.17 / m², with an average $2.33 / m² price in Point Clare. Properties with the most expensive price when referring to the number of bedrooms / m² are those with 3 bedrooms. They are 23 % more expensive than the average value aforementioned.