The rent prices in real estate in Russell Island, 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 Russell Island has risen strongly during the last 6 months. In October, the average price per m² was $0.55. In November this price barely changed remaining at $0.55 per m². The price for the following two months in (December, January) had a considerable rise of 709 %. The price per m² has had a considerable fall of 55 % 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 $2.23 to $1.23 during February, and March.
When referring to the price in Russell Island (suburbs), this has risen considerably in the last 6 months. In our first sample month during October, the average price is $409. In November This price remains at $406. During the following two months (December, January) the average price had a considerable rise of 276 % 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 182 % 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 83 % more affordable than the average price of $240 in Russell Island. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 83 % more affordable than the average aforementioned.
According to average price per property type in Russell Island, "" priced at $240 is 83 % lower than the average price ($1,426) in this city.