The rent prices in real estate in Graceville, 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 Graceville has risen strongly during the last 6 months. In November, the average price per m² was $0.73. In the following month the price per m² rose to $0.8. In the following two months the price per m² has risen 113 %, going from $0.76 to $0.87 per m². The price per m² has risen 107 % 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 $0.81 to $0.87 during March, and April.
When referring to the price in Graceville (suburbs), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $627. In December This price remains at $647. In the following two months the average price has hardly changed with regard to the previous two months from $637 to $632.5. Based on an analysis of the first four prices and the last two months the average price has increased 108 % during the last two months.
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 $703 they are 48 % more affordable than the average price for Graceville . The properties with the highest average price have 4 bedrooms, Their price is 15 % more expensive than the average. After that we have properties with 3 bedrooms priced at $630.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of $0.7 / m², with an average $0.86 / m² price in Graceville. The properties with the most expensive average prices have 1 bedroom. They are 48 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.17 / m².
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $703 it is 30 % more affordable than the average price in Graceville. "House" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $490 it is 8 % more expensive than the average price.
According to the average cost per m², the most affordable property is "House" at an average price of $0.8 / m² followed by "Apartment" priced at $1.08 / m². "Apartment" is the most expensive type of property with a $1.08 / m² value followed by "House" with an average price of $0.8 / m².