The rent prices in real estate in Banyo, 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 Banyo has risen strongly during the last 6 months. In October, the average price per m² was $0.63. In November this price barely changed remaining at $0.64 per m². The price for the following two months in (December, January) had a considerable rise of 613 %. The price per m² has had a considerable fall of 0 % 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 $2.26 to during February, and March.
When referring to the price in Banyo (suburbs), this has risen considerably in the last 6 months. In our first sample month during October, the average price is $672. In November This price remains at $673. During the following two months (December, January) the average price had a considerable rise of 255 % 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 $1,195 to , which means a 0 % fall.