Property prices for rent in Rockhampton City (Queensland)
The rent prices in real estate in Rockhampton City, 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 Rockhampton City has risen strongly during the last 6 months. In October, the average price per m² was $1.39. In November this price barely changed remaining at $1.35 per m². The price for the following two months in (December, January) had a considerable fall of 61 with regard to the previous two months. The price per m² has had a considerable rise of 1080 % 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 $1.11 to $11.93 during February, and March.
When referring to the price in Rockhampton City (suburbs), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $7,621. In November This price remains at $7,347. During the following two months (December, January) the average price had a considerable fall of 63 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 92 %, going from $6,089.75 to $5,622.5 in February and March.
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 $5,538 they are 95 % more affordable than the average price for Rockhampton City . Based on the bedrooms values, properties with the most affordable rent prices are those with 2 bedrooms. They are 92 % more affordable than the average aforementioned.
