Property prices for rent in Fortitude Valley (Queensland)
The rent prices in real estate in Fortitude Valley, in the Queensland region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per m² in Fortitude Valley has barely changed in the last 6 months. In October, the average price per m² was $1.35. In the following month the price per m² rose to $1.42. In the following two months the price per m² has practically remained the same, going from $1.38 to $1.36 per m². The price per m² has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.37 to $1.4 during February y March
When referring to the price in Fortitude Valley (suburbs), this has risen in the last 6 months. In our first sample month during October, the average price is $616. In November This price remains at $616. During the following two months (December, January) the price has had an average rise from $616 to $669. 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 $642.5 and $658 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 $659 they are 17 % more affordable than the average price for Fortitude Valley . The properties with the highest average price have 3 bedrooms, Their price is 80 % more expensive than the average. After that we have properties with 4 bedrooms priced at $947.
With regard to the average price per m², those properties with 2 bedrooms are the most affordable ones at a cost of $1.28 / m², with an average $1.43 / m² price in Fortitude Valley. The properties with the most expensive average prices have 4 bedrooms. They are 53 % more expensive than the average followed by properties with 1 bedroom with a price at $1.73 / m².
With regard to the average price based on the property in Fortitude Valley we can see that the least affordable type of property is "Apartment" at $666, which is 1 % more expensive than the average price. "Apartment" has the most expensive price. This price is 1 % more expensive than the average price aforementioned.
According to the average area price by m² the most expensive property type is "Apartment with an average cost of $1.48 / m². "Apartment" at an average price of $1.48 / m² has the highest price and would be directed at more affluent cities.
