The rent prices in real estate in Waverton, 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 Waverton has risen strongly during the last 6 months. In October, the average price per m² was $1.19. In November this price barely changed remaining at $1.18 per m². The price for the following two months in (December, January) had a considerable rise of 135 %. The price per m² has had a considerable rise of 117 % 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 $1.39 to $1.63 during February, and March.
When referring to the price in Waverton (suburbs), this has risen in the last 6 months. In our first sample month during October, the average price is $673. In November This price remains at $648. During the following two months (December, January) the price has had an average rise from $660.5 to $752. Based on an analysis of the first four prices and the last two months the average price has increased 108 % during the last two months.
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 $760 they are 29 % more affordable than the average price for Waverton . Based on the bedrooms values, properties with the most expensive rent prices are those with 3 bedrooms. They are 69 % more expensive than the average aforementioned.
With regard to the average price per m², those properties with 3 bedrooms are the most affordable ones at a cost of $1.46 / m², with an average $1.64 / m² price in Waverton. Properties with the most expensive price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 7 % more expensive than the average value aforementioned.