Property prices for rent in Bay Of Plenty region
The average rent price in the Bay Of Plenty region has had an strong rise in recent months. There has been a strong rise in the rent prices in this region.
The price per m² in Bay Of Plenty has risen considerably in the last 6 months. During October, the average price per m² was $2.22. The following month (November) the price had a considerable rise reaching $6.67 per m². In the following two months (December, January) the rent price per m² has increased notably to a 225 %. In the last two months, the price per m² has had a significant rise of 131 %. This has been obtained by comparing the price of $7.22 for the first four months of the sample with regard to the previous 4 months and the price of $9.48 per m² for the last two months (February, March).
When referring to the price in Bay Of Plenty(region), this has risen considerably in the last 6 months. In the first month sample for October the average price is $871. During November it went through a strong rise reaching $22,620 The price in the following months (December, January) had a strong rise of 276 % going from $11,745.5 to $32,429.5. During the last two months the average price has not gone through any changes and has gone from $22,087.5 to $22,093.5 during February and March.
The graph displaying the average price per bedrooms shows that the property with the lowest rent price has 1 bedroom. This price is 96 % cheaper than the average cost of $432 in Bay Of Plenty. According to the bedrooms the most affordable properties are those with 1 bedroom. They are 96 % cheaper than the average aforementioned.
The graph displaying the average rent price according to the property type shows "" as the most affordable one. With an average cost of $12,276 it is 96 % cheaper than the average in Bay Of Plenty. This is followed by "Townhouse" with a cost of $12,731. The most expensive property type is "Townhouse" and is 4 % more costly than the average, followed by "" with a cost of $432.
Based upon the average price per m², the most expensive property type is "Townhouse with an average cost of $25 / m². "Townhouse" which has the highest average price of $25 / m² would be present in a more affluent region.
