A guide to the changes in Unfurnished Property Rentals in the Brisbane and selected Queensland area is shown below: Median Weekly Rents for 3 Bedroom Houses | Area | Mar 2009 | Mar 2010 | Mar 2011 | No in Qtr | | Brisbane | $370 | $380 | $390 | 3,386 | | Cairns | $310 | $300 | $310 | 551 | | Gold Coast | $390 | $395 | $400 | 1,054 | | Ipswich | $270 | $275 | $285 | 797 | | Logan | $310 | $320 | $320 | 664 | | Sunshine Coast | $360 | $360 | $370 | 1,023 | | Toowoomba | $250 | $265 | $270 | 536 | | Townsville | $340 | $330 | $340 | 743 |
The most expensive suburbs for 3 bedroom houses were: Brisbane City, Spring Hill, Highgate Hill, South Brisbane and West End, with all of them reporting an average of $720 per week. A total of 159 of these houses were rented in those areas in the quarter ended March 2011. To provide a better idea of how the Rental market is, using the median rents figures for each area, the following numbers of NEW 3 Bedroom HOUSE rental contracts were recorded in that last quarter: 127 Houses at $500pw or over 1,221 Houses between $400 and $495pw 2,027 Houses between $300 and $395pw The following numbers of NEW 3 Bedroom Flats/Unit contracts were recorded in that last quarter: 511 Units at $500pw or over 360 Units between $400 and $480pw 275 Units between $330 and $395pw Details for more specific areas can be located at: http://www.rta.qld.gov.au |