Property prices for rent in Townsville (Queensland)
The rent prices in real estate in Townsville, 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 Townsville has risen strongly during the last 6 months. In October, the average price per m² was $0.96. In the following month the price per m² rose to $1.05. The price for the following two months in (December, January) had a considerable rise of 524 %. The price per m² has had a considerable fall of 70 % 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 $3.14 to $2.21 during February, and March.
When referring to the price in Townsville (suburbs), this has risen considerably in the last 6 months. The rent price in October is $3,089, rising in November till $3,428. During the following two months (December, January) the average price had a considerable rise of 214 % 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 $5,119.25 to $1,150, which means a 22 % 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 $2,300 they are 91 % more affordable than the average price for Townsville . The properties with the lowest average price have 4 bedrooms, Their price is 55 % more affordable than the average. After that we have properties with 3 bedrooms priced at $524.
With regard to the average prices per m² those properties with 4 bedrooms are 77 % more affordable than the average price of ($1 / m²) in Townsville. Properties with the most affordable price when referring to the number of bedrooms / m² are those with 4 bedrooms. They are 77 % more affordable than the average value aforementioned.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,300 it is 83 % more affordable than the average price in Townsville. "House" is seen as the second most affordable property type. The most expensive property type is "Office" followed by "House". At a price of $11,085 it is 655 % more expensive than the average price.
According to the average cost per m², the most affordable property is "House" at an average price of $1 / m² followed by "Office" priced at $125 / m². "Office" is the most expensive type of property with a $125 / m² value followed by "House" with an average price of $1 / m².
