The rent prices in real estate in Hamilton, 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 Hamilton has risen strongly during the last 6 months. In September, the average price per m² was $1.27. In October this price barely changed remaining at $1.25 per m². In the following two months the price per m² has risen 110 %, going from $1.26 to $1.39 per m². The price per m² has had a considerable rise of 9025 % 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 $1.33 to $119.58 during January, and February.
When referring to the price in Hamilton (suburbs), this has risen considerably in the last 6 months. In our first sample month during September, the average price is $793. In October This price remains at $786. During the following two months (November, December) the price has had an average rise from $789.5 to $835. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 334 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $798 they are 14 % more affordable than the average price for Hamilton . The properties with the highest average price have 4 bedrooms, Their price is 77 % more expensive than the average. After that we have properties with 3 bedrooms priced at $887.
With regard to the average price per m², those properties with 2 bedrooms are the most affordable ones at a cost of $1 / m², with an average $1 / m² price in Hamilton. The properties with the most expensive average prices have 1 bedroom. They are 100 % more expensive than the average followed by properties with 2 bedrooms with a price at $1 / m².