Property prices for rent in New South Wales region

The average rent price in the New South Wales region has had an strong rise in recent months. There has been a strong rise in the rent prices in this region.

$11,957
Average price last 6 months
$85.53
Price/m² last 6 months
Average price per m2

The price per m² in New South Wales has risen considerably in the last 6 months. During September, the average price per m² was $7.94. The following month (October) the price had a considerable fall reaching $6.68 per m². In the following two months (November, December) the rent price per m² has increased notably to a 1094 %. In the last two months, the price per m² has had a significant rise of 388 %. This has been obtained by comparing the price of $43.65 for the first four months of the sample with regard to the previous 4 months and the price of $169.29 per m² for the last two months (January, February).

Average price

When referring to the price in New South Wales(region), this has risen considerably in the last 6 months. In the first month sample September the average price is $658. In October the price remains at $677. The price in the following months (November, December) had a strong rise of 1705 % going from $667.5 to $11,378.5. During the last two months the price has had a considerable rise of 396 % with respect to the previous four months going from $6,023 a $23,825.

Average price per bedrooms

The graph displaying the the average rent price per number of bedrooms shows that those with 1 bedroom are the most affordable ones. They are 98 % cheaper than the average price in New South Wales followed by those with 2 with an average price of $557. The most affordable properties have 4 bedrooms. They are 97 % cheaper than the average followed by those properties with 3 bedrooms priced at $648.

Based on the average price per m² those properties with 4 bedrooms are the most affordable ones with a price of $0.63 / m² being $159.9 / m² the average for New South Wales. The properties with the lowest average price are those with 1 bedroom. These are 99 % more affordable than the average followed by those with 2 bedrooms with a price of $1.08 / m².

Price per property type

The graph displaying the average rent price according to the property type shows "Apartment" as the most affordable one. With an average cost of $22,473 it is 97 % cheaper than the average in New South Wales. This is followed by "House" with a cost of $635. The most expensive property type is "Retail" and is 20 % more costly than the average, followed by "Office" with a cost of $15,892.

Based upon the average cost per m² the most affordable property type is "House with a an average price of $0.74 / m², followed by "Condo" with a price of $0.83 / m². "Retail" with an average price of $251.31 / m² is the most expensive type of property followed by "Office" at a price of $159.74 / m².

Charts data
Average price February
Average price per m² February
Number of properties used in region New South Wales
$22,473
$159.9
253,602
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value