The rent prices in real estate in Mackay, 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 Mackay has risen strongly during the last 6 months. In October, the average price per m² was $0.67. In the following month the price per m² rose considerably to $1. In the following two months the price per m² has risen 107 %, going from $0.83 to $0.89 per m². The price per m² has had a considerable rise of 2691 % 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 $0.86 to $23.21 during February, and March.
When referring to the price in Mackay (suburbs), this has risen considerably in the last 6 months. In our first sample month during October, the average price is $411. In November This price remains at $413. During the following two months (December, January) the average price had a considerable rise of 228 % 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 1146 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 320 % more expensive than the average price of $14,250 in Mackay. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 320 % more expensive than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 245 % more expensive than the average price of ($37 / m²) in Mackay. Properties with the most expensive price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 245 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Retail" as the most expensive one. At an cost of $3,390 it is 319 % more expensive than the average price in Mackay. "Apartment" is seen as the second most expensive property type. The most expensive property type is "Apartment" followed by "Retail". At a price of $14,220 it is 320 % more expensive than the average price.
According to the average cost per m², the least affordable property would be "Retail" at an average price of $35 / m² followed by "Apartment" priced at $37 / m². "Apartment" is the most expensive type of property with a $37 / m² value followed by "Retail" with an average price of $35 / m².