The rent prices in real estate in Morayfield, 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 Morayfield has risen strongly during the last 6 months. In October, the average price per m² was $1.27. In the following month the price per m² rose considerably to $1.62. The price for the following two months in (December, January) had a considerable rise of 205 %. The price per m² has had a considerable fall of 26 % 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 $2.2 to $0.57 during February, and March.
When referring to the price in Morayfield (suburbs), there have hardly been any changes in the last 6 months. The average price for October is $1,046. During November the price had a considerable fall till $612. During the following two months (December, January) the average price had a considerable rise of 210 % 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 $1,284 to $559, which means a 44 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most expensive ones. At a price of $563 they are 2 % more expensive than the average price for Morayfield. Following this ranking we find those properties with 2 at an average price of $7,585. The properties with the highest average price have 1 bedroom, Their price is 3884 % more expensive than the average. After that we have properties with 3 bedrooms priced at $12,534.
With regard to the average price per m², those properties with 3 bedrooms are the most expensive ones at a cost of $11 / m², with an average $0.57 / m² price in Morayfield. The properties with the most expensive average prices have 1 bedroom. They are 12707 % more expensive than the average followed by properties with 2 bedrooms with a price at $14 / m².
According to average price per property type in Morayfield, "" priced at $575 is 2 % more expensive than the average price ($563) in this city.