The rent prices in real estate in St Kilda, in the Queensland region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per m² in St Kilda has fallen during the last 6 months. In October, the average price per m² was $1.28. In November this price barely changed remaining at $1.28 per m². The price for the following two months in (December, January) fell 91 % with regard to the previous two months. The price per m² has had a considerable fall of 82 % 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 $1.22 to $1 during February, and March.
When referring to the price in St Kilda (suburbs), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $622. In November This price remains at $623. During the following two months (December, January) the price has had an average rise from $622.5 to $668. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $645.25 and $621.5 between February and March.
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 $621 they are 30 % more affordable than the average price for St Kilda . Based on the bedrooms values, properties with the most expensive rent prices are those with 3 bedrooms. They are 54 % more expensive than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 0 % more affordable than the average price of ($1 / m²) in St Kilda. Properties with the most affordable price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 0 % more affordable than the average value aforementioned.