The rent prices in real estate in Caboolture, 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 Caboolture has risen strongly during the last 6 months. In October, the average price per m² was $1.2. In the following month the price per m² rose considerably to $1.49. The price for the following two months in (December, January) had a considerable rise of 187 %. The price per m² has had a considerable fall of 33 % 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 $1.93 to $0.64 during February, and March.
When referring to the price in Caboolture (suburbs), this has risen considerably in the last 6 months. The rent price in October is $922, rising in November till $971. During the following two months (December, January) the average price had a considerable rise of 198 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $1,410.25 to $566.5, which means a 40 % fall.
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 $599 they are 54 % more affordable than the average price for Caboolture . The properties with the lowest average price have 4 bedrooms, Their price is 4 % more affordable than the average. After that we have properties with 3 bedrooms priced at $494.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of $0.51 / m², with an average $0.66 / m² price in Caboolture. The properties with the most expensive average prices have 1 bedroom. They are 211 % more expensive than the average followed by properties with 2 bedrooms with a price at $0.84 / m².
With regard to the average price based on the property in Caboolture we can see that the most affordable type of property is "House" at $553, which is 8 % cheaper than the average price. "House" has the most affordable price. This price is 8 % more affordable than the average price aforementioned.
According to the average area price by m² the most affordable property type is "House with an average cost of $0.58 / m². "House" with an average price of $0.58 / m² has the most affordable price and would be directed at less affluent cities.