The rent prices in real estate in Townsville, in the Queensland region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per m² in Townsville has risen during the last 6 months. In April, the average price per m² was $127. In the following month the price per m² fell to $111. The price for the following two months in (June, July) had a considerable rise of 124 %. The price per m² has had a considerable rise of 118 % 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 $133.2 to $157.74 during August, and September.
When referring to the price in Townsville (suburbs), there have hardly been any changes in the last 6 months. The average price for April is $13,233. During May the price had a slight fall till $11,742. During the following two months (June, July) the price has had an average rise from $12,487.5 to $14,190.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 94 %, going from $13,339 to $12,545.5 in August and September.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 30 % more expensive than the average price of $18,093 in Townsville. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 30 % more expensive than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 6 % more affordable than the average price of ($165 / m²) in Townsville. Properties with the most affordable price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 6 % more affordable than the average value aforementioned.
With regard to the average price based on the property in Townsville we can see that the least affordable type of property is "House" at $18,093, which is 30 % more expensive than the average price. "House" has the most expensive price. This price is 30 % more expensive than the average price aforementioned.
According to the average area price by m² the most affordable property type is "House with an average cost of $165 / m². "House" with an average price of $165 / m² has the most affordable price and would be directed at less affluent cities.