The rent prices in real estate in Mackay, 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 Mackay has had a strong fall during the last 6 months. In February, the average price per m² was $119. In the following month the price per m² fell considerably to $57. The price for the following two months in (April, May) had a considerable fall of 4 with regard to the previous two months. 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 $45.66 to $47.35 during June y July
When referring to the price in Mackay (suburbs), this has fallen considerably in the last 6 months. The average price for February is $16,684. During March the price had a slight fall till $15,828. During the following two months (April, May) 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 $8,324 to $351.5, which means a 4 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 4532 % more expensive than the average price of $14,730 in Mackay. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 4532 % more expensive than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 24 % more affordable than the average price of ($69 / m²) in Mackay. Properties with the most affordable price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 24 % more affordable than the average value aforementioned.
With regard to the average price based on the property in Mackay we can see that the least affordable type of property is "House" at $14,730, which is 4532 % more expensive than the average price. "House" has the most expensive price. This price is 4532 % more expensive than the average price aforementioned.
According to the average area price by m² the most affordable property type is "House with an average cost of $69 / m². "House" with an average price of $69 / m² has the most affordable price and would be directed at less affluent cities.