The rent prices in real estate in Allenstown, 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 Allenstown has risen strongly during the last 6 months. In November, the average price per m² was $0.67. In the following month the price per m² rose to $0.71. In the following two months the price per m² has risen 105 %, going from $0.69 to $0.73 per m². The price per m² has had a considerable rise of 269 % 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 $0.71 to $1.9 during March, and April.
When referring to the price in Allenstown (suburbs), this has risen considerably in the last 6 months. The rent price in November is $375, rising in December till $397. During the following two months (January, February) the price has had an average rise from $386 to $419. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 128 % 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 $619 they are 62 % more affordable than the average price for Allenstown . The properties with the lowest average price have 4 bedrooms, Their price is 8 % more affordable than the average. After that we have properties with 3 bedrooms priced at $418.
According to average price per property type in Allenstown, "" priced at $445 is 28 % lower than the average price ($619) in this city.