The rent prices in real estate in Pimpimbudgee, 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 Pimpimbudgee has had a strong fall during the last 6 months. In October, the average price per m² was $2.85. In the following month the price per m² fell considerably to $2.36. The price for the following two months in (December, January) had a considerable fall of 28 with regard to the previous two months. The price per m² has had a considerable fall of 40 % 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 $1.67 to $0.66 during February, and March.
When referring to the price in Pimpimbudgee (suburbs), this has fallen considerably in the last 6 months. The average price for October is $3,140. During November the price had a considerable fall till $2,507. During the following two months (December, January) the average price had a considerable fall of 25 % 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 $1,767.75 to $696.5, which means a 39 % fall.
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 $698 they are 50 % more affordable than the average price for Pimpimbudgee . The properties with the highest average price have 3 bedrooms, Their price is 599 % more expensive than the average. After that we have properties with 4 bedrooms priced at $3,407.
With regard to the average price per m², those properties with 1 bedroom are the most expensive ones at a cost of $1 / m², with an average $0.66 / m² price in Pimpimbudgee. The properties with the most expensive average prices have 3 bedrooms. They are 203 % more expensive than the average followed by properties with 1 bedroom with a price at $1 / m².
According to average price per property type in Pimpimbudgee, "" priced at $1,996 is 186 % more expensive than the average price ($698) in this city.