Property prices for rent in Port Macquarie (New South Wales)
The rent prices in real estate in Port Macquarie, 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 Port Macquarie has risen strongly during the last 6 months. In October, the average price per m² was $0.73. In November this price barely changed remaining at $0.72 per m². The price for the following two months in (December, January) had a considerable rise of 130 %. The price per m² has had a considerable rise of 591 % 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 $0.83 to $4.92 during February, and March.
When referring to the price in Port Macquarie (suburbs), this has risen considerably in the last 6 months. In our first sample month during October, the average price is $532. In November This price remains at $540. In the following two months the average price has hardly changed with regard to the previous two months from $536 to $536. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 544 % 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 $747 they are 58 % more affordable than the average price for Port Macquarie . The properties with the lowest average price have 4 bedrooms, Their price is 9 % more affordable than the average. After that we have properties with 3 bedrooms priced at $570.
According to average price per property type in Port Macquarie, "" priced at $598 is 20 % lower than the average price ($747) in this city.
