The rent prices in real estate in Bald Hills, 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 Bald Hills has risen strongly during the last 6 months. In October, the average price per m² was $0.57. In November this price barely changed remaining at $0.57 per m². The price for the following two months in (December, January) had a considerable rise of 132 %. The price per m² has risen 113 % 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 $0.66 to $0.75 during February, and March.
When referring to the price in Bald Hills (suburbs), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $542. In November This price remains at $542. In the following two months the average price has hardly changed with regard to the previous two months from $542 to $543.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $542.75 and $545.5 between February and March.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 35 % more affordable than the average price of $359 in Bald Hills. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 35 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 42 % more expensive than the average price of ($1.04 / m²) in Bald Hills. Properties with the most expensive price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 42 % more expensive than the average value aforementioned.