The rent prices in real estate in Rose Bay, in the Tasmania region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per m² in Rose Bay has risen during the last 6 months. In October, the average price per m² was $1.81. In November this price barely changed remaining at $1.84 per m². In the following two months the price per m² has risen 105 %, going from $1.83 to $1.92 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 $1.87 to $2.08 during February, and March.
When referring to the price in Rose Bay (suburbs), this has risen in the last 6 months. In our first sample month during October, the average price is $1,079. In November This price remains at $1,098. In the following two months the average price has hardly changed with regard to the previous two months from $1,088.5 to $1,095.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 115 % 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 $1,300 they are 44 % more affordable than the average price for Rose Bay . The properties with the highest average price have 4 bedrooms, Their price is 119 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,966.
With regard to the average price per m², those properties with 2 bedrooms are the most affordable ones at a cost of $1.98 / m², with an average $2.18 / m² price in Rose Bay. The properties with the most expensive average prices have 4 bedrooms. They are 11 % more expensive than the average followed by properties with 1 bedroom with a price at $2.35 / m².
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,300 it is 13 % more affordable than the average price in Rose Bay. "House" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $1,137 it is 76 % more expensive than the average price.
According to the average cost per m², the most affordable property is "Apartment" at an average price of $2.11 / m² followed by "House" priced at $2.55 / m². "House" is the most expensive type of property with a $2.55 / m² value followed by "Apartment" with an average price of $2.11 / m².