Property prices for rent in Dunedin (Otago)

The rent prices in real estate in Dunedin, in the Otago region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.

$4,075.2
Average price last 6 months
$10.86
Price/m² last 6 months
Average price per m2

The price per m² in Dunedin has risen strongly during the last 6 months. In December, the average price per m² was $5.92. In the following month the price per m² fell to $5.6. The price for the following two months in (February, March) had a considerable fall of 36 with regard to the previous two months. The price per m² has had a considerable rise of 491 % 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 $3.93 to $19.3 during April, and May.

Average price

When referring to the price in Dunedin (suburbs), there have hardly been any changes in the last 6 months. In our first sample month during December, the average price is $3,303. In January This price remains at $3,269. During the following two months (February, March) the average price had a considerable fall of 7 % 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 had a strong increase of 382 % during the last two months.

Average price per bedrooms

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 $5,419 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 ($16.19 / 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.

Price per property type

The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $5,419 it is 0 % more affordable than the average price in Dunedin. "Townhouse" is seen as the second most affordable property type. The most expensive property type is "Apartment" followed by "Townhouse". At a price of $8,286 it is 87 % more expensive than the average price.

According to the average cost per m², the most affordable property is "House" at an average price of $16.19 / m² followed by "Townhouse" priced at $20 / m². "Apartment" is the most expensive type of property with a $25 / m² value followed by "Townhouse" with an average price of $20 / m².

Charts data
Average price May
Average price per m² May
Number of properties used in Dunedin
Number of properties used in region Otago
$5,419
$16.19
52
66
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Other cities in region Otago