The rent prices in real estate in Woy Woy, 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 Woy Woy has risen during the last 6 months. In October, the average price per m² was $0.75. In November this price barely changed remaining at $0.74 per m². In the following two months the price per m² has risen 109 %, going from $0.75 to $0.81 per m². The price per m² has risen 112 % 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 $0.78 to $0.88 during February, and March.
When referring to the price in Woy Woy (suburbs), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $505. In November This price remains at $503. In the following two months the average price has hardly changed with regard to the previous two months from $504 to $527.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $515.75 and $528.5 between February and March.
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 $525 they are 39 % more affordable than the average price for Woy Woy . The properties with the highest average price have 4 bedrooms, Their price is 37 % more expensive than the average. After that we have properties with 3 bedrooms priced at $576.
With regard to the average price per m², those properties with 3 bedrooms are the most affordable ones at a cost of $0.71 / m², with an average $0.85 / m² price in Woy Woy. The properties with the most expensive average prices have 4 bedrooms. They are 142 % more expensive than the average followed by properties with 1 bedroom 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 $525 it is 22 % more affordable than the average price in Woy Woy. "House" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $410 it is 4 % more expensive than the average price.
According to the average cost per m², the most affordable property is "House" at an average price of $0.83 / m² followed by "Apartment" priced at $0.96 / m². "Apartment" is the most expensive type of property with a $0.96 / m² value followed by "House" with an average price of $0.83 / m².