Property prices for rent in Queenstown (Central Otago)
The rent prices in real estate in Queenstown, in the Central Otago region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per m² in Queenstown has barely changed in the last 6 months. In October, the average price per m² was $1.3. In November this price barely changed remaining at $1.31 per m². In the following two months the price per m² has practically remained the same, going from $1.3 to $1.31 per m². The price per m² has fallen 86 % 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 $1.31 to $1.12 during February, and March.
When referring to the price in Queenstown (suburbs), this has risen in the last 6 months. In our first sample month during October, the average price is $788. In November This price remains at $811. During the following two months (December, January) the price has had an average rise from $799.5 to $875. 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 $837.25 and $832 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 $700 they are 20 % more affordable than the average price for Queenstown . The properties with the highest average price have 4 bedrooms, Their price is 87 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,031.
With regard to the average prices per m² those properties with 1 bedroom are 0 % more affordable than the average price of ($1 / m²) in Queenstown. 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 "Apartment" as the most expensive one. At an cost of $700 it is 3 % more expensive than the average price in Queenstown. "House" is seen as the second most expensive property type. The most expensive property type is "House" followed by "Apartment". At a price of $723 it is 58 % more expensive than the average price.
According to the average area price by m² the most affordable property type is "House with an average cost of $1 / m². "House" with an average price of $1 / m² has the most affordable price and would be directed at less affluent cities.
