The rent prices in real estate in Cleveland, 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 Cleveland has risen strongly during the last 6 months. In November, the average price per m² was $0.83. In the following month the price per m² rose considerably to $1.56. The price for the following two months in (January, February) had a considerable fall of 73 with regard to the previous two months. The price per m² has had a considerable rise of 422 % 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 $1.04 to $4.37 during March, and April.
When referring to the price in Cleveland (suburbs), this has risen considerably in the last 6 months. The average price during our first sample month during November, is $700. During December the price went through a considerable rise reaching $805. In the following two months the average price has hardly changed with regard to the previous two months from $752.5 to $761.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 173 % during the last two months.