The rent prices in real estate in St Clair, in the New South Wales region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per m² in St Clair has had a strong fall during the last 6 months. In November, the average price per m² was $2.14. In the following month the price per m² fell considerably to $0.58. The price for the following two months in (January, February) had a considerable fall of 52 with regard to the previous two months. The price per m² has had a considerable fall of 73 % 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 $1.03 to $0.75 during March, and April.
When referring to the price in St Clair (suburbs), there have hardly been any changes in the last 6 months. The average price for November is $588. During December the price had a slight fall till $507. During the following two months (January, February) the price has had an average rise from $547.5 to $601. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $574.25 and $595 between March and April.
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 $585 they are 36 % more affordable than the average price for St Clair . The properties with the highest average price have 4 bedrooms, Their price is 27 % more expensive than the average. After that we have properties with 3 bedrooms priced at $599.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of $0.68 / m², with an average $0.77 / m² price in St Clair. The properties with the most expensive average prices have 1 bedroom. They are 51 % more expensive than the average followed by properties with 2 bedrooms with a price at $0.92 / m².
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $585 it is 28 % more affordable than the average price in St Clair. "House" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $420 it is 4 % more expensive than the average price.
According to the average cost per m², the most affordable property is "House" at an average price of $0.75 / m² followed by "Apartment" priced at $0.95 / m². "Apartment" is the most expensive type of property with a $0.95 / m² value followed by "House" with an average price of $0.75 / m².