The rent prices in real estate in Collingwood Park, 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 Collingwood Park has had a strong fall during the last 6 months. In October, the average price per m² was $30.77. In the following month the price per m² fell considerably to $15.6. The price for the following two months in (December, January) had a considerable fall of 2 with regard to the previous two months. The price per m² has had a considerable fall of 4 % 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 $11.84 to $0.51 during February, and March.
When referring to the price in Collingwood Park (suburbs), this has fallen considerably in the last 6 months. The average price for October is $36,905. During November the price had a considerable fall till $18,711. During the following two months (December, January) the average price had a considerable fall of 2 % 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 $14,158.5 to $520, which means a 4 % fall.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 28 % more affordable than the average price of $376 in Collingwood Park. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 28 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 140 % more expensive than the average price of ($1.25 / m²) in Collingwood Park. Properties with the most expensive price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 140 % more expensive than the average value aforementioned.