The average rent price in the Wellington region has remained at pretty much the same value in recent months. Rent prices in this region have remained pretty much the same.
The price per m² in Wellington has barely changed in the last 6 months. During October, the average price per m² was $4.11. In November the price barely changed remaining at $3.94 per m². The following two months (December, January) went through a rise of 106 % in the rent price per m² rising from $4.03 to $4.26 per m². In the last two months, the price has barely changed with regard to the average value for the last 4 months going from an average price per m² of $4.14 to $4.24 during February and March.
When referring to the price in Wellington(region), there have hardly been any changes in the last 6 months. In the first month sample October the average price is $575. In November the price remains at $579. In the following two months the average price practically remained the same compared to the previous two going from $577 to $567. During the last two months the average price has not gone through any changes and has gone from $572 to $568 during February and March.
The graph displaying the the average rent price per number of bedrooms shows that those with 3 bedrooms are the most expensive ones. They are 143 % more costly than the average price in Wellington followed by those properties with 2 with an average price of $1,438. The most expensive properties have 1 bedroom. They are 144 % more expensive than the average followed by those properties with 2 bedrooms priced at $1,438.
The graph displaying the average rent price according to the property type shows "" as the most expensive one. With an average cost of $589 it is 143 % more costly than the average in Wellington. This is followed by "Retail" with a cost of $25,288. The most expensive property type is "Retail" and is 4193 % more costly than the average, followed by "" with a cost of $1,430.
Based upon the average price per m², the most expensive property type is "Retail with an average cost of $134 / m². "Retail" which has the highest average price of $134 / m² would be present in a more affluent region.