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 October, the average price per sq.feet was $3.77. In the following month the price per sq.feet rose considerably to $4.36. The price for the following two months in (December, January) fell 91 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 71 % 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 $3.89 to $2.74 during February, and March.
When referring to the price in Brisbane (cities), this has risen in the last 6 months. The rent price in October is $3,128, rising in November till $3,432. In the following two months the average price has hardly changed with regard to the previous two months from $3,280 to $3,266.5. 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 $3,273.25 and $3,355 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 $3,946 they are 38 % more affordable than the average price for Brisbane . The properties with the highest average price have 3 bedrooms, Their price is 7 % more expensive than the average. After that we have properties with 2 bedrooms priced at $3,413.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most expensive ones at a cost of $3 / sq.feet, with an average $2 / sq.feet price in Brisbane. The properties with the most expensive average prices have 4 bedrooms. They are 7950 % more expensive than the average followed by properties with 1 bedroom with a price at $3 / sq.feet.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $3,946 it is 15 % 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 $3,359 it is 14 % 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 $156 / sq.feet followed by "House" priced at $161 / sq.feet. "House" is the most expensive type of property with a $161 / sq.feet value followed by "Townhouse" with an average price of $156 / sq.feet.