The rent prices in real estate in Toormina, 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 Toormina has had a strong fall during the last 6 months. In January, the average price per m² was $137. In the following month the price per m² fell to $129. The price for the following two months in (March, April) had a considerable fall of 47 with regard to the previous two months. The price per m² has had a considerable fall of 40 % 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 $97.68 to $38.62 during May, and June.
When referring to the price in Toormina (suburbs), this has fallen considerably in the last 6 months. The average price for January is $44,288. During February the price had a slight fall till $41,197. During the following two months (March, April) the average price had a considerable fall of 26 % 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 $26,855.75 to $8,897, which means a 33 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 58 % more expensive than the average price of $14,775 in Toormina. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 58 % more expensive than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 45 % more expensive than the average price of ($83 / m²) in Toormina. Properties with the most expensive price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 45 % more expensive 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 $9,364 it is 58 % 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 $17,638 it is 89 % more expensive than the average price.
According to the average cost per m², the least affordable property would be "House" at an average price of $83 / m² followed by "House And Land" priced at $102 / m². "Vacant Land" is the most expensive type of property with a $103 / m² value followed by "House And Land" with an average price of $102 / m².