Property prices for rent in Northland region
The average rent price in the Northland 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 Northland has risen considerably in the last 6 months. During November, the average price per m² was $2.09. The following month (December) the price had a considerable rise reaching $7.85 per m². In the following two months (January, February) the rent price per m² has increased notably to a 153 %. In the last two months, the price per m² has had a significant rise of 231 %. This has been obtained by comparing the price of $6.27 for the first four months of the sample with regard to the previous 4 months and the price of $14.48 per m² for the last two months (March, April).
When referring to the price in Northland(region), this has risen considerably in the last 6 months. In the first month sample for November the average price is $599. During December it went through a strong rise reaching $912 The price in the following months (January, February) had a strong rise of 121 % going from $755.5 to $915.5. During the last two months the price has had a considerable rise of 179 % with respect to the previous four months going from $835.5 a $1,493.
The graph displaying the the average rent price per number of bedrooms shows that those with 1 bedroom are the most affordable ones. They are 82 % cheaper than the average price in Northland followed by those with 2 with an average price of $466. The most affordable properties have 4 bedrooms. They are 56 % cheaper than the average followed by those properties with 3 bedrooms priced at $859.
Based on the average price per m² those properties with 1 bedroom are the most affordable ones with a price of $1 / m² being $24.15 / m² the average for Northland. The properties with the lowest average price are those with 3 bedrooms. These are 83 % more affordable than the average followed by those with 2 bedrooms with a price of $2 / m².
The graph displaying the average rent price according to the property type shows "" as the most affordable one. With an average cost of $2,380 it is 73 % cheaper than the average in Northland. This is followed by "House" with a cost of $689. The most affordable property type is "House" and is 71 % cheaper than the average, followed by "" with a cost of $641.
Based upon the average price per m², the most affordable property type is "House with an average cost of $3 / m². "House" which has the lowest average price of $3 / m² would be present in a less affluent region.
