Property prices for rent in Brisbane (Queensland)
The rent prices in real estate in Brisbane, in the Queensland 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 Brisbane has risen strongly during the last 6 months. In October, the average price per m² was $1.89. In the following month the price per m² rose considerably to $3.09. The price for the following two months in (December, January) had a considerable rise of 192 %. The price per m² has had a considerable rise of 501 % 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 $3.64 to $18.23 during February, and March.
When referring to the price in Brisbane (suburbs), this has risen considerably in the last 6 months. The rent price in October is $952, rising in November till $1,062. During the following two months (December, January) the average price had a considerable rise of 150 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 148 % during the last two months.
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 $1,785 they are 50 % more affordable than the average price for Brisbane . The properties with the highest average price have 4 bedrooms, Their price is 55 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,884.
With regard to the average price per m², those properties with 3 bedrooms are the most affordable ones at a cost of $4.02 / m², with an average $5.52 / m² price in Brisbane. The properties with the most expensive average prices have 1 bedroom. They are 120 % more expensive than the average followed by properties with 4 bedrooms with a price at $9.9 / m².
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,785 it is 77 % more affordable than the average price in Brisbane. "Apartment" is seen as the second most affordable property type. The most expensive property type is "Townhouse" followed by "Condo". At a price of $11,122 it is 561 % more expensive than the average price.
According to the average cost per m², the least affordable property would be "House" at an average price of $5.65 / m² followed by "Apartment" priced at $6.99 / m². "Villa" is the most expensive type of property with a $298 / m² value followed by "Condo" with an average price of $153 / m².
