The rent prices in real estate in Wentworthville, 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 Wentworthville has risen strongly during the last 6 months. In October, the average price per m² was $0.7. In November this price barely changed remaining at $0.72 per m². The price for the following two months in (December, January) had a considerable rise of 132 %. The price per m² has had a considerable rise of 118 % 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 $0.82 to $0.97 during February, and March.
When referring to the price in Wentworthville (suburbs), this has risen considerably in the last 6 months. The rent price in October is $439, rising in November till $466. During the following two months (December, January) the average price had a considerable rise of 136 % 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 116 % 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 $628 they are 18 % more affordable than the average price for Wentworthville . The properties with the highest average price have 4 bedrooms, Their price is 35 % more expensive than the average. After that we have properties with 3 bedrooms priced at $686.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of $0.74 / m², with an average $0.98 / m² price in Wentworthville. The properties with the most expensive average prices have 1 bedroom. They are 65 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.1 / m².
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $628 it is 6 % more affordable than the average price in Wentworthville. "House" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "House". At a price of $676 it is 25 % more expensive than the average price.
According to the average cost per m², the most affordable property is "Condo" at an average price of $0.8 / m² followed by "House" priced at $0.81 / m². "Apartment" is the most expensive type of property with a $1.1 / m² value followed by "House" with an average price of $0.81 / m².