The rent prices in real estate in Sunshine Coast, 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 Sunshine Coast has risen strongly during the last 6 months. In October, the average price per m² was $0.88. In the following month the price per m² fell to $0.83. The price for the following two months in (December, January) had a considerable rise of 282 %. The price per m² has had a considerable rise of 487 % 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 $1.63 to $7.95 during February, and March.
When referring to the price in Sunshine Coast (suburbs), this has risen considerably in the last 6 months. The average price for October is $611. During November the price had a slight fall till $567. During the following two months (December, January) the average price had a considerable rise of 154 % 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 822 % during the last two months.
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 $7,729 they are 87 % more affordable than the average price for Sunshine Coast . The properties with the lowest average price have 4 bedrooms, Their price is 58 % more affordable than the average. After that we have properties with 2 bedrooms priced at $1,160.
With regard to the average price per m², those properties with 3 bedrooms are the most affordable ones at a cost of $2.33 / m², with an average $9.55 / m² price in Sunshine Coast. The properties with the most expensive average prices have 1 bedroom. They are 26 % more expensive than the average followed by properties with 2 bedrooms with a price at $8.85 / m².
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $7,729 it is 84 % more affordable than the average price in Sunshine Coast. "House" is seen as the second most affordable property type. The most expensive property type is "Townhouse" followed by "". At a price of $8,242 it is 7 % more expensive than the average price.
According to the average cost per m², the most affordable property is "Townhouse" at an average price of $2 / m² followed by "House" priced at $6.48 / m². "Apartment" is the most expensive type of property with a $10.53 / m² value followed by "House" with an average price of $6.48 / m².