Property prices for rent in Dunedin (Otago)

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

$6,662.83
Average price last 6 months
$15.64
Price/m² last 6 months
Average price per m2

The price per m² in Dunedin has had a strong fall during the last 6 months. In August, the average price per m² was $19.5. In the following month the price per m² rose to $21.3. In the following two months the price per m² has practically remained the same, going from $20.4 to $20.77 per m². The price per m² has had a considerable fall of 28 % 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 $20.58 to $5.76 during December, and January.

Average price

When referring to the price in Dunedin (suburbs), this has fallen considerably in the last 6 months. The average price for August is $8,761. During September the price had a slight fall till $8,304. In the following two months the average price has hardly changed with regard to the previous two months from $8,532.5 to $8,170. During the last two months the average price has fallen greatly compared to the previous four going from $8,351.25 to $3,286, which means a 39 % fall.

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 $3,269 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 ($5.6 / 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 $3,269 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 "Townhouse" followed by "House". At a price of $3,269 it is 154 % more expensive than the average price.

According to the average cost per m², the most affordable property is "House" at an average price of $5.6 / m² followed by "Townhouse" priced at $21 / m². "Townhouse" is the most expensive type of property with a $21 / m² value followed by "House" with an average price of $5.6 / m².

Charts data
Average price January
Average price per m² January
Number of properties used in Dunedin
Number of properties used in region Otago
$3,269
$5.6
102
124
** 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