The rent prices in real estate in Camp Hill, in the Queensland region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per m² in Camp Hill has had a strong fall during the last 6 months. In October, the average price per m² was $1.06. In the following month the price per m² fell to $0.96. The price for the following two months in (December, January) fell 87 % with regard to the previous two months. The price per m² has fallen 88 % 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 $0.94 to $0.83 during February, and March.
When referring to the price in Camp Hill (suburbs), this has fallen in the last 6 months. In our first sample month during October, the average price is $926. In November This price remains at $919. During the following two months (December, January) the average price had a considerable fall of 83 % 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 $844.25 to $778.5 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 $775 they are 54 % more affordable than the average price for Camp Hill . The properties with the highest average price have 4 bedrooms, Their price is 12 % more expensive than the average. After that we have properties with 3 bedrooms priced at $668.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of $0.77 / m², with an average $0.83 / m² price in Camp Hill. The properties with the most expensive average prices have 1 bedroom. They are 33 % more expensive than the average followed by properties with 2 bedrooms with a price at $0.95 / m².
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $775 it is 47 % more affordable than the average price in Camp Hill. "House" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $411 it is 7 % more expensive than the average price.
According to the average cost per m², the most affordable property is "House" at an average price of $0.81 / m² followed by "Apartment" priced at $0.92 / m². "Apartment" is the most expensive type of property with a $0.92 / m² value followed by "House" with an average price of $0.81 / m².