Property prices for rent in Tamworth (New South Wales)
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 March, the average price per m² was $2. In the following month the price per m² rose considerably to $4.98. The price for the following two months in (May, June) fell 89 % with regard to the previous two months. The price per m² has had a considerable fall of 44 % 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 $3.3 to $1.44 during July, and August.
When referring to the price in Tamworth (suburbs), this has fallen considerably in the last 6 months. The average price for March is $1,267. During April the price had a considerable fall till $829. During the following two months (May, June) the average price fell 90 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $996.5 to $714.5, which means a 72 % fall.
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 $455 they are 32 % more affordable than the average price for Tamworth . The properties with the highest average price have 2 bedrooms, Their price is 3212 % more expensive than the average. After that we have properties with 1 bedroom priced at $309.
With regard to the average price per m², those properties with 1 bedroom are the most expensive ones at a cost of $1.08 / m², with an average $0.88 / m² price in Tamworth. The properties with the most expensive average prices have 2 bedrooms. They are 11945 % more expensive than the average followed by properties with 1 bedroom with a price at $1.08 / m².
With regard to the average price based on the property in Tamworth we can see that the least affordable type of property is "House" at $15,071, which is 3212 % more expensive than the average price. "House" has the most expensive price. This price is 3212 % more expensive 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 $106 / m². "House" at an average price of $106 / m² has the highest price and would be directed at more affluent cities.
