Property prices for rent in Timaru (Canterbury)
The rent prices in real estate in Timaru, in the Canterbury region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per m² in Timaru has risen strongly during the last 6 months. In October, the average price per m² was $1. In the following month the price per m² rose considerably to $8.22. The price for the following two months in (December, January) had a considerable fall of 27 with regard to the previous two months. The price per m² has had a considerable rise of 137 % 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 $2.92 to $4 during February, and March.
When referring to the price in Timaru (suburbs), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $389. During November the price went through a considerable rise reaching $13,444. During the following two months (December, January) the average price had a considerable fall of 5 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $3,642.25 to $557, which means a 15 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 2362 % more expensive than the average price of $19,128 in Timaru. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 2362 % more expensive than the average aforementioned.
According to average price per property type in Timaru, "" priced at $19,128 is 2362 % more expensive than the average price ($777) in this city.
