The rent prices in real estate in Dunedin, in the Otago 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 Dunedin has risen during the last 6 months. In June, the average price per m² was $20.05. In the following month the price per m² rose considerably to $27.67. The price for the following two months in (August, September) fell 85 % with regard to the previous two months. The price per m² has fallen 94 % 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 $22.13 to $20.77 during October, and November.
When referring to the price in Dunedin (suburbs), this has risen considerably in the last 6 months. The average price during our first sample month during June, is $4,842. During July the price went through a considerable rise reaching $6,946. During the following two months (August, September) the average price had a considerable rise of 145 % 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 increased 113 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 0 % more affordable than the average price of $10,160 in Dunedin. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 0 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 0 % more affordable than the average price of ($25.47 / m²) in Dunedin. Properties with the most affordable price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 0 % more affordable 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 $10,160 it is 18 % more affordable than the average price in Dunedin. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "Townhouse". At a price of $8,295 it is 0 % more affordable than the average price.
According to the average cost per m², the most affordable property is "Townhouse" at an average price of $21 / m² followed by "House" priced at $25.47 / m². "House" is the most affordable type of property with a $25.47 / m² value followed by "Townhouse" with an average price of $21 / m².