The rent prices in real estate in Waitakere, in the Auckland 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 Waitakere has had a strong fall during the last 6 months. In October, the average price per m² was $0.89. In November this price barely changed remaining at $0.88 per m². The price for the following two months in (December, January) had a considerable fall of 46 with regard to the previous two months. The price per m² has had a considerable fall of 0 % 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 $0.65 to during February, and March.
When referring to the price in Waitakere (suburbs), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $671. In November This price remains at $669. In the following two months the average price has hardly changed with regard to the previous two months from $670 to $677.5. 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 $673.75 and $665 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 $668 they are 32 % more affordable than the average price for Waitakere . The properties with the highest average price have 4 bedrooms, Their price is 24 % more expensive than the average. After that we have properties with 3 bedrooms priced at $661.
With regard to the average prices per m² those properties with 1 bedroom are 2147483647 % more expensive than the average price of ($1 / m²) in Waitakere. Properties with the most expensive price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 2147483647 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $668 it is 28 % more affordable than the average price in Waitakere. "" is seen as the second most affordable property type. The most expensive property type is "" followed by "Townhouse". At a price of $481 it is 4 % more expensive than the average price.
According to the average area price by m² the most expensive property type is "Townhouse with an average cost of $1 / m². "Townhouse" at an average price of $1 / m² has the highest price and would be directed at more affluent cities.