The rent prices in real estate in Narangba, 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 Narangba has risen strongly during the last 6 months. In May, the average price per m² was $0.96. In the following month the price per m² rose considerably to $163.92. The price for the following two months in (July, August) had a considerable fall of 1 with regard to the previous two months. The price per m² has had a considerable fall of 28 % 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 $41.47 to $11.5 during September, and October.
When referring to the price in Narangba (suburbs), this has risen considerably in the last 6 months. The average price during our first sample month during May, is $458. During June the price went through a considerable rise reaching $940. During the following two months (July, August) the average price had a considerable fall of 68 % 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 806 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 65 % more affordable than the average price of $671 in Narangba. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 65 % more affordable than the average aforementioned.
According to average price per property type in Narangba, "" priced at $671 is 65 % lower than the average price ($1,909) in this city.