Property prices for rent in Potts Hill (New South Wales)

The price per m² in Potts Hill has had a strong fall during the last 6 months. In October, the average price per m² was $3.43. In the following month the price per m² fell considerably to $2.29. The price for the following two months in (December, January) had a considerable fall of 68 with regard to the previous two months. The price per m² has fallen 86 % 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 $2.4 to $2.06 during February, and March.

When referring to the price in Potts Hill (suburbs), this has fallen considerably in the last 6 months. The average price for October is $1,065. During November the price had a considerable fall till $817. During the following two months (December, January) the average price had a considerable fall of 85 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 89 %, going from $868.75 to $775 in February and March.

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 $771 they are 18 % more affordable than the average price for Potts Hill . Based on the bedrooms values, properties with the most expensive rent prices are those with 3 bedrooms. They are 111 % more expensive than the average aforementioned.

With regard to the average price per m², those properties with 3 bedrooms are the most affordable ones at a cost of $1.87 / m², with an average $2.08 / m² price in Potts Hill. Properties with the most expensive price when referring to the number of bedrooms / m² are those with 2 bedrooms. They are 2 % more expensive than the average value aforementioned.