Property prices for rent in Hawkes Bay region
The average rent price in the Hawkes Bay 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 Hawkes Bay has risen considerably in the last 6 months. During November, the average price per m² was $3.12. The following month (December) the price had a considerable rise reaching $9.68 per m². In the following two months (January, February) the rent price per m² has increased notably to a 122 %. In the last two months, the price per m² has had a significant rise of 119 %. This has been obtained by comparing the price of $7.1 for the first four months of the sample with regard to the previous 4 months and the price of $8.43 per m² for the last two months (March, April).
When referring to the price in Hawkes Bay(region), this has fallen considerably in the last 6 months. November has an average price of $6,332. During Decemberthe price had a strong fall till $3,171. In the following two months the average price has fallen 56 % compared to the previous two. During the last two months the price has had a considerable fall of 28 % with respect to the previous four months going from $3,695 a $1,029.5.
The graph displaying the average price per bedrooms shows that the property with the lowest rent price has 1 bedroom. This price is 50 % cheaper than the average cost of $439 in Hawkes Bay. According to the bedrooms the most affordable properties are those with 1 bedroom. They are 50 % cheaper than the average aforementioned.
Based upon the average price of $439 per property type in Hawkes Bay, "" is 50 % more affordable than the average property price($883) in this region.
