The rent prices in real estate in Tamworth, 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 Tamworth has risen strongly during the last 6 months. In November, the average price per m² was $134.45. In December this price barely changed remaining at $133.19 per m². The price for the following two months in (January, February) had a considerable rise of 156 %. The price per m² has had a considerable fall of 82 % 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 $170.98 to $140.52 during March, and April.
When referring to the price in Tamworth (suburbs), this has fallen in the last 6 months. The average price for November is $20,476. During December the price had a considerable fall till $16,392. During the following two months (January, February) the average price had a considerable fall of 84 % 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 had a strong increase of 135 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 36 % more affordable than the average price of $15,887 in Tamworth. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 36 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 20 % more expensive than the average price of ($157 / m²) in Tamworth. Properties with the most expensive price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 20 % more expensive than the average value aforementioned.
With regard to the average price based on the property in Tamworth we can see that the most affordable type of property is "House" at $15,887, which is 36 % cheaper than the average price. "House" has the most affordable price. This price is 36 % more affordable than the average price aforementioned.
According to the average area price by m² the most expensive property type is "House with an average cost of $157 / m². "House" at an average price of $157 / m² has the highest price and would be directed at more affluent cities.