The rent prices in real estate in Brisbane, in the California 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 sq.feet in Brisbane has fallen during the last 6 months. In March, the average price per sq.feet was $3.49. In April this price barely changed remaining at $3.47 per sq.feet. The price for the following two months in (May, June) fell 94 % with regard to the previous two months. The price per sq.feet has fallen 89 % 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 sq.feet of $3.38 to $3 during July, and August.
When referring to the price in Brisbane (cities), this has risen considerably in the last 6 months. The average price for March is $3,574. During April the price had a slight fall till $3,229. During the following two months (May, June) the average price had a considerable rise of 162 % 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 $4,449.75 to $3,589.5, which means a 81 % 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 $3,781 they are 36 % more affordable than the average price for Brisbane . The properties with the highest average price have 3 bedrooms, Their price is 12 % more expensive than the average. After that we have properties with 2 bedrooms priced at $3,446.
With regard to the average prices per sq.feet those properties with 4 bedrooms are 5500 % more expensive than the average price of ($168 / sq.feet) in Brisbane. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 4 bedrooms. They are 5500 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $3,781 it is 10 % more affordable than the average price in Brisbane. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "Townhouse". At a price of $3,387 it is 10 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Townhouse" at an average price of $163 / sq.feet followed by "House" priced at $168 / sq.feet. "House" is the most expensive type of property with a $168 / sq.feet value followed by "Townhouse" with an average price of $163 / sq.feet.