The rent prices in real estate in Chermside, in the Queensland region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per m² in Chermside has risen during the last 6 months. In October, the average price per m² was $0.83. In November this price barely changed remaining at $0.85 per m². The price for the following two months in (December, January) had a considerable rise of 117 %. The price per m² has risen 105 % 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 $0.91 to $0.96 during February, and March.
When referring to the price in Chermside (suburbs), this has risen in the last 6 months. In our first sample month during October, the average price is $531. In November This price remains at $541. In the following two months the average price has hardly changed with regard to the previous two months from $536 to $560. 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 $548 and $574.5 between 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 $577 they are 24 % more affordable than the average price for Chermside . The properties with the highest average price have 3 bedrooms, Their price is 10 % more expensive than the average. After that we have properties with 4 bedrooms priced at $600.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of $0.54 / m², with an average $0.96 / m² price in Chermside. The properties with the most expensive average prices have 1 bedroom. They are 42 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.02 / m².
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $577 it is 4 % more affordable than the average price in Chermside. "House" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $552 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 $1.05 / m². "Apartment" is the most expensive type of property with a $1.05 / m² value followed by "House" with an average price of $0.81 / m².