Property prices for rent in Milton (Queensland)
The rent prices in real estate in Milton, 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 Milton has risen strongly during the last 6 months. In October, the average price per m² was $0.7. In the following month the price per m² rose considerably to $1.67. In the following two months the price per m² has practically remained the same, going from $1.18 to $1.17 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 $1.18 to $1.26 during February, and March.
When referring to the price in Milton (suburbs), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $349. During November the price went through a considerable rise reaching $437. During the following two months (December, January) the average price had a considerable rise of 166 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 135 % 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 $714 they are 30 % more affordable than the average price for Milton . The properties with the highest average price have 4 bedrooms, Their price is 93 % more expensive than the average. After that we have properties with 3 bedrooms priced at $880.
With regard to the average price per m², those properties with 3 bedrooms are the most affordable ones at a cost of $1.05 / m², with an average $1.29 / m² price in Milton. The properties with the most expensive average prices have 4 bedrooms. They are 119 % more expensive than the average followed by properties with 1 bedroom with a price at $2.23 / m².
With regard to the average price based on the property in Milton we can see that the least affordable type of property is "Apartment" at $12,392, which is 1636 % more expensive than the average price. "Apartment" has the most expensive price. This price is 1636 % 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 $84 / m². "Apartment" at an average price of $84 / m² has the highest price and would be directed at more affluent cities.
