The rent prices in real estate in Toormina, in the New South Wales 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 Toormina has risen during the last 6 months. In June, the average price per m² was $95. In the following month the price per m² rose considerably to $137.81. In the following two months the price per m² has practically remained the same, going from $116.4 to $110.86 per m². The price per m² has had a considerable fall of 81 % 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 $113.63 to $92 during October, and November.
When referring to the price in Toormina (suburbs), this has risen considerably in the last 6 months. The average price during our first sample month during June, is $11,555. During July the price went through a considerable rise reaching $44,333. During the following two months (August, September) the average price fell 94 % 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 $27,109.25 to $11,310, which means a 42 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 32 % more expensive than the average price of $14,880 in Toormina. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 32 % more expensive than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 2 % more affordable than the average price of ($90 / m²) in Toormina. Properties with the most affordable price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 2 % more affordable than the average value aforementioned.
The graph displaying the average rent prices displays the property type "House" as the most expensive one. At an cost of $11,310 it is 32 % more expensive than the average price in Toormina. "House And Land" is seen as the second most expensive property type. The most expensive property type is "Vacant Land" followed by "House And Land". At a price of $17,764 it is 57 % more expensive than the average price.
According to the average cost per m², the most affordable property is "House" at an average price of $90 / m² followed by "House And Land" priced at $109 / m². "Vacant Land" is the most expensive type of property with a $110 / m² value followed by "House And Land" with an average price of $109 / m².